Berger Paints Q3 PAT may dip 1.6% YoY to Rs 218.9 cr: KRChoksey

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 third quarter (October-December’ 21) earnings estimates for the Consumer Goods sector. The brokerage house expects Berger Paints to report net profit at Rs 218.9 crore down 1.6% year-on-year (up 23.6% quarter-on-quarter).

Net Sales are expected to increase by 12 percent Y-o-Y (up 6.6 percent Q-o-Q) to Rs 222.5 crore, according to KRChoksey.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 8.5 percent Y-o-Y (up 7.2 percent Q-o-Q) to Rs 354 crore.

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