Net Sales are expected to increase by 12.2 percent Y-o-Y (down 15 percent Q-o-Q) to Rs. 1,720 crore, according to HDFC Securities.
HDFC Securities has come out with its second quarter (July-September’ 18) earnings estimates for the FMCG sector. The brokerage house expects Marico to report net profit at Rs. 190 crore up 5.1% year-on-year (down 25.4% quarter-on-quarter).
Net Sales are expected to increase by 12.2 percent Y-o-Y (down 15 percent Q-o-Q) to Rs. 1,720 crore, according to HDFC Securities.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 5.6 percent Y-o-Y (down 22.9 percent Q-o-Q) to Rs. 270 crore.
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