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HomeNewsBusinessBerger Paints Q2 PAT may dip 0.2% YoY to Rs 220.4 cr: KRChoksey

Berger Paints Q2 PAT may dip 0.2% YoY to Rs 220.4 cr: KRChoksey

Net Sales are expected to increase by 15 percent Y-o-Y (up 11.4 percent Q-o-Q) to Rs 2,003.9 crore, according to KRChoksey.

October 18, 2021 / 14:08 IST
Berger Paints | The company reported higher consolidated profit at Rs 274.8 crore in Q3FY21 against Rs 182.3 crore in Q3FY20, revenue jumped to Rs 2,118.2 crore from Rs 1,696 crore YoY.
     
     
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    KRChoksey has come out with its second quarter (July-September’ 21) earnings estimates for the Consumer Goods sector. The brokerage house expects Berger Paints to report net profit at Rs 220.4 crore down 0.2% year-on-year (up 56.8% quarter-on-quarter).

    Net Sales are expected to increase by 15 percent Y-o-Y (up 11.4 percent Q-o-Q) to Rs 2,003.9 crore, according to KRChoksey.

    Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 4.3 percent Y-o-Y (up 46.6 percent Q-o-Q) to Rs 349.7 crore.

    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.

    Broker Research
    first published: Oct 18, 2021 02:08 pm

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