Jan 12, 2017 05:52 PM IST IST | Source: Moneycontrol.com

Heritage foods Q3 PAT seen up 7.1% to Rs 16.78 cr: KR Choksey

Net Sales are expected to decrease by 0.1 percent Q-o-Q (up 10 percent Y-o-Y) to Rs 640.85 crore, according to KR Choksey.

KR Choksey has come out with its third quarter (October-December) earnings estimates for the FMCG sector. The brokerage house expects Heritage foods to report net profit at 16.78 crore up 7.1% quarter-on-quarter.

Net Sales are expected to decrease by 0.1 percent Q-o-Q (up 10 percent Y-o-Y) to Rs 640.85 crore, according to KR Choksey.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 7 percent Q-o-Q (up 17.6 percent Y-o-Y) to Rs 35.25 crore.

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