Time Technoplast Q3 PAT may dip 10% YoY to Rs. 42.1 cr: ICICI Direct

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Time Technoplast Q3 PAT may dip 10% YoY to Rs. 42.1 cr: ICICI Direct

ICICI Direct has come out with its third quarter (October-December’ 18) earnings estimates for the Consumer Discretionary sector. The brokerage house expects Time Technoplast to report net profit at Rs. 42.1 crore down 10% year-on-year (up 31.7% quarter-on-quarter).

Net Sales are expected to increase by 11.3 percent Y-o-Y (up 1.5 percent Q-o-Q) to Rs. 839.6 crore, according to ICICI Direct.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 4 percent Y-o-Y (up 12.4 percent Q-o-Q) to Rs. 120.9 crore.

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Images are for reference only.Images gathered automatic from google.All rights on the images are with their original owners.

2019-01-12 00:29:27

Images are for reference only.Images gathered automatic from google.All rights on the images are with their original owners.

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