Motilal Oswal has come out with its second quarter (July-September’ 22) earnings estimates for the Consumer sector. The brokerage house expects ITC to report net profit at Rs. 4,217.9 crore up 14.1% year-on-year (up 1.2% quarter-on-quarter).
Net Sales are expected to increase by 24.2 percent Y-o-Y (down 8.6 percent Q-o-Q) to Rs. 15,808.6 crore, according to Motilal Oswal.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 16.1 percent Y-o-Y (down 5.1 percent Q-o-Q) to Rs. 535.9 crore.
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