Net Sales are expected to increase by 9.3 percent Y-o-Y (down 3.5 percent Q-o-Q) to Rs. 1,845.6 crore, according to ICICI Direct.
ICICI Direct has come out with its fourth quarter (January-March’ 19) earnings estimates for the FMCG sector. The brokerage house expects Tata Global Beverages to report net profit at Rs. 87.3 crore up 22% year-on-year (down 19.8% quarter-on-quarter).
Net Sales are expected to increase by 9.3 percent Y-o-Y (down 3.5 percent Q-o-Q) to Rs. 1,845.6 crore, according to ICICI Direct.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 0.7 percent Y-o-Y (down 26.3 percent Q-o-Q) to Rs. 144.6 crore.
Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.
Read More
