Q1FY23 - Result Preview - Consumer Discretionary - ICICI Direct

The I-direct consumer discretionary universe is likely to see strong revenue growth of ~42% YoY in Q1FY23E largely on a favourable base of Covid second wave impacted quarter. On a three year CAGR basis, coverage companies are likely to report revenue growth of 10% amid sustained demand and market share gains from regional/unorganised players. On a three-year average, PAT growth is expected at ~10% as margin pressure continues on higher raw material inflation.

For details, click on the link below: Link to the report

Source : Equity Bulls

Keywords

Q1FY23 ResultPreview ConsumerDiscretionary ICICIDirect