KR Choksey has come out with its third quarter (October-December’ 20) earnings estimates for the Consumer Goods sector. The brokerage house expects Colgate Palmolive to report net profit at Rs. 199.1  crore up 26% year-on-year (down 8.5% quarter-on-quarter).
Net Sales are expected to increase by 2.6 percent Y-o-Y (down 8.5 percent Q-o-Q) to Rs. 1,147.2 crore, according to KR Choksey
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 14.1 percent Y-o-Y (down 11.9 percent Q-o-Q) to Rs. 316.1 crore.
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