Net Sales are expected to increase by 4.8 percent Y-o-Y (up 16.1 percent Q-o-Q) to Rs. 689.9 crore, according to ICICI Direct.
ICICI Direct has come out with its fourth quarter (January-March’ 19) earnings estimates for the Consumer Discretionary sector. The brokerage house expects V-Guard Industries to report net profit at Rs. 27.8 crore up 0.8% year-on-year (down 17.5% quarter-on-quarter).