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Prabhudas Lilladher expects Asian Paints to report a 30.7 percent growth quarter-on-quarter (up 13.8 percent Y-o-Y) in net profit at Rs 328.3 crore.
Motilal Oswal expects Asian Paints to report a 20.3 percent growth quarter-on-quarter (growth of 4.7 percent year-on-year) in net profit at Rs 302 crore.
Asian Paints will announce its fourth quarter (January-March) results today. Analysts on an average expect the country's largest paint company to report a 17.3 percent growth in profit after tax at Rs 304 crore as against Rs 259 crore year-on-year, according to CNBC-TV18 poll.
Varun Lohchab of Religare Capital Markets who tracks the fast-moving consumer goods (FMCG) space shared his outlook on that. He said, ITC Q3 numbers were in line with expectations .The PAT grwoth was a bit above expectation and even the non-tobacco FMCG growth surprised positively, he added.
Motilal Oswal has come out with its earnings estimates for consumer sector for the quarter ended December 2012. The research firm feels the EBITDA is likely to grow by 21.3 percent led by margin expansion in Hindustan Unilever, ITC, Asian Paints, Nestle, GSK Consumer and Marico.
Angel Broking has come out with earning expectations for FMCG sector for the October-December quarter of 2012. The research firm expects 3QFY2013 to be a reasonably strong quarter for its FMCG universe with top-line and bottom-line growth coming in at 15.8 percent and 11 percent respectively.
India‘s largest FMCG makes, Hindustan Unilever (HUL) would announce its second quarter earnings today. Sanjay Singh of Standard Chartered Securities expects the company‘s volumes to grow by 8 percent in Q2. However, he cautions that its packaged food category may see some slowdown.
Asian Paints, one of the largest paint companies in India, is expected show strong growth in the second quarter of current financial year 2012-13. Analysts on an average expect the consolidated profit after tax to grow by 18 percent year-on-year to Rs 246 crore in the July-September quarter.
Motilal Oswal has come out with its earnings estimates on consumer sector for September quarter FY13. According to the research firm, steep INR depreciation has negated the impact in many commodities, prices of which are linked globally.
Asian Paints, country's largest paint company by market cap is expected to report a growth of 20% year-on-year in its consolidated profit after tax of Rs 223 crore for the fourth quarter of FY12, according to CNBC-TV18 poll.
Fast moving consumer goods companies seem to have ridden the economic slowdown quite well, and are expected to report a strong growth in volumes, even as firms hiked some product prices to offset high input costs.
Motilal Oswal has come with its December quarterly earning estimates for consumer sector.
The FMCG sector has been a stellar performer amid the overall volatility on the street this year. But will the second quarter results lead to further outperformance or will the rally pause?
Prabhudas Lilladher has come out with its earning estimates on consumer staples sector for the quarter ended September 2011. According to the research firm, Asian Paints September quarter net sales are expected to go up by 22% at Rs 2209.2 crore, year-on-year (YoY) basis.
Angel Broking has come out with its earning estimates on FMCG sector for the quarter ended September 2011. According to the research firm, Asian Paints September quarter net sales are expected to go up by 24.5% at Rs 2255 crore, year-on-year (YoY) basis.
Asian Paints is expected to report a rise of 16% (YoY) in its first quarter FY12 net profit to Rs 257 crore against Rs 222 crore in the corresponding quarter last fiscal.
Angel Broking has come out with its earning estimates on FMCG sector for the quarter ended June 2011. According to the research firm, Asian Paints June quarter sales are expected to go up by 16.2% at Rs 2,127 crore, year-on-year, (YoY) basis.
The FMCG juggernaut, which has outperformed the market this year, is expected to remain steaming hot on the back of strong revenue and profit growth in the April-June quarter.
Prabhudas Lilladher has come out with its earning estimates on consumer staples sector for the quarter ended March 2011. According to the research firm, Asian Paints March quarter sales are expected to go up by 7% at Rs 2008.1 crore, year-on-year, (YoY) basis.
Emkay Global Financial Services has come out with its earning estimates on Consumers sector for the quarter ended March 2011. According to the research firm, Asian Paints March quarter sales are expected to go up by 8.3% at Rs 2033.4 crore, year-on-year, (YoY) basis.
Angel Broking has come out with its earning estimates on FMCG sector for the quarter ended March 2011. According to the research firm, Asian Paints March quarter sales are expected to go up by 8.2% at Rs 2,031 crore, year-on-year, (YoY) basis.
UNICON Investment has come out with its earning estimates on FMCG space sector for the quarter ended March 2011. According to the research firm, Asian Paints March quarter revenue from operations is expected to go up by 7.6% at Rs 2018.7 crore, year-on-year, (YoY) basis.
Asian Paints is set to announce its results for the quarter ended December 2010. According to CNBC-TV18 estimates, its net profit is expected to go up by 25% to Rs 245 crore from Rs 196 crore (QoQ) and up 15.5% from Rs 212 crore (YoY).
Angel Broking has come out with its earning estimates on FMCG sector for the quarter ended December 2010. According to the research firm, Asian Paints December quarter sales are expected to go up by 24.1% at Rs 2011 crore, Year-on-Year, (YoY) basis.