Motilal Oswal has come out with its second quarter (July-September’ 22) earnings estimates for the Consumer sector. The brokerage house expects Colgate to report net profit at Rs. 280.4 crore up 4.2% year-on-year (up 28% quarter-on-quarter).
Net Sales are expected to increase by 6 percent Y-o-Y (up 19.8 percent Q-o-Q) to Rs. 1,433.6 crore, according to Motilal Oswal.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 3.7 percent Y-o-Y (up 27.7 percent Q-o-Q) to Rs. 415.7 crore.
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