Marico Q1 PAT may dip 8.2% YoY to Rs. 356 cr: Arihant Capital

Arihant Capital has come out with its first quarter (April-June’ 21) earnings estimates for the FMCG sector. The brokerage house expects Marico to report net profit at Rs. 356 crore down 8.2% year-on-year (up 34.5% quarter-on-quarter).

Net Sales are expected to increase by 31.5 percent Y-o-Y (down 25.8 percent Q-o-Q) to Rs. 2,532 crore, according to Arihant Capital.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 0.2 percent Y-o-Y (up 46 percent Q-o-Q) to Rs. 466 crore.

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