Net Sales are expected to increase by 6.2 percent Y-o-Y (up 5.8 percent Q-o-Q) to Rs. 2,753.1 crore, according to KR Choksey.
KR Choksey has come out with its fourth quarter (Jan-March’ 18) earnings estimates for the FMCG sector. The brokerage house expects Nestle to report net profit at Rs. 344.5 crore down 206.3% year-on-year (up 10.5% quarter-on-quarter).
Net Sales are expected to increase by 6.2 percent Y-o-Y (up 5.8 percent Q-o-Q) to Rs. 2,753.1 crore, according to KR Choksey.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 5.9 percent Y-o-Y (up 6.2 percent Q-o-Q) to Rs. 566.5 crore.
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