Net Sales are expected to increase by 10.4 percent Y-o-Y (up 4.2 percent Q-o-Q) to Rs. 425.7 crore, according to ICICI Direct.
ICICI Direct has come out with its second quarter (July-September’ 18) earnings estimates for the FMCG sector. The brokerage house expects Nestle India to report net profit at Rs. 15.1 crore up 65.8% year-on-year (up 21.9% quarter-on-quarter).
Net Sales are expected to increase by 10.4 percent Y-o-Y (up 4.2 percent Q-o-Q) to Rs. 425.7 crore, according to ICICI Direct.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 20.6 percent Y-o-Y (up 11.4 percent Q-o-Q) to Rs. 38.2 crore.
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