Net Sales are expected to increase by 9.7 percent Y-o-Y (up 4.7 percent Q-o-Q) to Rs. 10,410.1 crore, according to ICICI Direct.
ICICI Direct has come out with its first quarter (April-June’ 19) earnings estimates for the FMCG sector. The brokerage house expects HUL to report net profit at Rs. 1,642.2 crore up 7.4% year-on-year (up 6.8% quarter-on-quarter).
Net Sales are expected to increase by 9.7 percent Y-o-Y (up 4.7 percent Q-o-Q) to Rs. 10,410.1 crore, according to ICICI Direct.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 6.1 percent Y-o-Y (up 2.9 percent Q-o-Q) to Rs. 2,388.8 crore.
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