Net Sales are expected to increase by 12.5 percent Y-o-Y (down 8.4 percent Q-o-Q) to Rs. 1,487 crore, according to HDFC Securities.
HDFC Securities has come out with its fourth quarter (Jan-March’ 18) earnings estimates for the FMCG sector. The brokerage house expects Marico to report net profit at Rs. 188 crore up 9.9% year-on-year (down 14.9% quarter-on-quarter).
Net Sales are expected to increase by 12.5 percent Y-o-Y (down 8.4 percent Q-o-Q) to Rs. 1,487 crore, according to HDFC Securities.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 3.8 percent Y-o-Y (down 10.9 percent Q-o-Q) to Rs. 269 crore.
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