Vardhman Text net profits seen at Rs 14.6cr: Motilal Oswal
July 4th, 2009
Motilal Oswal has come out with its earning estimates on textile sector for the quarter ended June 2009. According to the research firm, Vardhman Textiles June quarter sales are expected to go up by 23.6% to Rs 699.9 crore on YoY basis.
The company’s net profit is expected to go down by 53.5% to Rs 14.6 crore on YoY basis.