Net Sales are expected to increase by 14.9 percent Y-o-Y (down 8.6 percent Q-o-Q) to Rs. 1,700.8 crore, according to Kotak.
Kotak has come out with its fourth quarter (January-March’ 19) earnings estimates for the Consumer Staples sector. The brokerage house expects Marico (Consolidated) to report net profit at Rs. 211.4 crore up 17.1% year-on-year (down 14.5% quarter-on-quarter).
Net Sales are expected to increase by 14.9 percent Y-o-Y (down 8.6 percent Q-o-Q) to Rs. 1,700.8 crore, according to Kotak.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 20.7 percent Y-o-Y (down 12.7 percent Q-o-Q) to Rs. 304.5 crore.
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