Net Sales are expected to decrease by 17 percent Y-o-Y (up 1.2 percent Q-o-Q) to Rs. 1,887.6 crore, according to ICICI Direct.
ICICI Direct has come out with its first quarter (April-July’ 20) earnings estimates for the FMCG sector. The brokerage house expects Dabur India to report net profit at Rs. 286.2 crore down 21.3% year-on-year (up 1.6% quarter-on-quarter).
Net Sales are expected to decrease by 17 percent Y-o-Y (up 1.2 percent Q-o-Q) to Rs. 1,887.6 crore, according to ICICI Direct.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 21.9 percent Y-o-Y (up 1.4 percent Q-o-Q) to Rs. 357.2 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.