Shoppers Stop Q4 PAT may dip 10.4% YoY to Rs. 18.6 cr: ICICI Direct

Net Sales are expected to increase by 4.4 percent Y-o-Y (down 11.3 percent Q-o-Q) to Rs. 886.7 crore, according to ICICI Direct.

ICICI Direct has come out with its fourth quarter (January-March’ 19) earnings estimates for the Retail sector. The brokerage house expects Shoppers Stop to report net profit at Rs. 18.6 crore down 10.4% year-on-year (down 58% quarter-on-quarter).

Net Sales are expected to increase by 4.4 percent Y-o-Y (down 11.3 percent Q-o-Q) to Rs. 886.7 crore, according to ICICI Direct.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 11.8 percent Y-o-Y (down 40.7 percent Q-o-Q) to Rs. 57.6 crore.

To get profitable financial guidance, give one missed call on 9424346629. We offer 2 days of free trial. Our packages are affordable. Click here to visit our website: Option Trading Tips