Edelweiss has come out with its fourth quarter (Jan-March 18) earnings estimates for the Home Decor sector. The brokerage house expects Greenply Industries to report net profit at Rs. 44.8 crore up 6.9% year-on-year (up 24.1% quarter-on-quarter).
Net Sales are expected to increase by 10.3 percent Y-o-Y (up 23.5 percent Q-o-Q) to Rs. 493 crore, according to Edelweiss.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 11 percent Y-o-Y (up 27.1 percent Q-o-Q) to Rs. 79.6 crore.
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