Oct 18, 2016 10:32 AM IST IST | Source: Moneycontrol.com

Colgate-Palmolive Q2 PAT seen up 31.6% to Rs 164.7 cr: Centrum

Net Sales are expected to increase by 11 percent Q-o-Q (up 9 percent Y-o-Y) to Rs 1124.6 crore, according to Centrum.


Centrum
has come out with its second quarter (July-September) earnings estimates for the Consumer sector. The brokerage house expects Colgate-Palmolive to report net profit at Rs 164.7 crore, up 31.6 percent quarter-on-quarter.

Net Sales are expected to increase by 11 percent Q-o-Q (up 9 percent Y-o-Y) to Rs 1124.6 crore, according to Centrum.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 23.8 percent Q-o-Q (up 5.4 percent Y-o-Y) to Rs 261.5 crore.

Centrum's report on Colgate-Palmolive

We expect Q2FY17 revenue to grow by 9% YoY, led by 6% volume growth, with 3% mix/price-led growth.

Operating margins are likely to decline by 80bps YoY due to higher A&P cost. We expect PAT to increase by mere 5% to Rs1,647mn.

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.

Sections
Follow us on
Available On