United Spirits Q4 PAT may dip 20.9% YoY to Rs. 166.8 cr: ICICI Direct

Net Sales are expected to increase by 9.6 percent Y-o-Y (down 4.7 percent Q-o-Q) to Rs. 2,383.4 crore, according to ICICI Direct.


ICICI Direct has come out with its fourth quarter (January-March’ 19) earnings estimates for the Others sector. The brokerage house expects United Spirits to report net profit at Rs. 166.8 crore down 20.9% year-on-year (down 13.3% quarter-on-quarter).

Net Sales are expected to increase by 9.6 percent Y-o-Y (down 4.7 percent Q-o-Q) to Rs. 2,383.4 crore, according to ICICI Direct.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 17.4 percent Y-o-Y (down 7.5 percent Q-o-Q) to Rs. 321.8 crore.

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