Avenue Supermarts Q1 PAT may rise 260.6% YoY to Rs. 144.5 cr: ICICI Direct
Fri, Jul 9, 2021 10:42 PM

Avenue Supermarts Q1 PAT may rise 260.6% YoY to Rs. 144.5 cr: ICICI Direct

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ICICI Direct has worked out its Q1'FY22 earnings estimates for the Retail sector. The brokerage house expects Avenue Supermarts to report a net profit at Rs. 144.5 crore up 260.6% YoY (down 65.1% QoQ). Net Sales are expected to increase by 32.1% YoY (down 30.8% QoQ) to Rs. 5,131 crore. EBITDA is likely to rise by 134.1% YoY (down 57.3% QoQ) to Rs. 261.7 crore.

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