Icici Direct has come out with an estimated first quarter income (April-June ’22) for the retail sector. Broker House expects the yard industry to report net profit in the hospital. 189.9 Crore rose 1,636.4% year-to-year (down 0.4% quarter-quarter).

Net sales are expected to increase by 147.1 percent Y-O-Y (up 11.5 percent Q-O-Q) to RS. 1,239.2 Crore, according to Icici Direct.

Income before interest, tax, depreciation, and amortization (EBITDA) tends to increase 704.5 percent Y-O-Y (up 3 percent Q-O-O-Q) to RS. 275.1 Crore.

Settings: Investment views and tips expressed by investment experts at moneycontrol.com are their own, and not from websites or management. Moneycontrol.com advises users to check with certified experts before making any investment decision.