Net Sales are expected to increase by 25.2 percent Y-o-Y (up 1.9 percent Q-o-Q) to Rs. 1,654.8 crore, according to ICICI Direct.
ICICI Direct 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. 212 crore up 24% year-on-year (down 5.1% quarter-on-quarter).
Net Sales are expected to increase by 25.2 percent Y-o-Y (up 1.9 percent Q-o-Q) to Rs. 1,654.8 crore, according to ICICI Direct.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 18.1 percent Y-o-Y (up 1.4 percent Q-o-Q) to Rs. 306.4 crore.
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