Britannia Industries Q3 PAT may dip 4.7% YoY to Rs 384.2 cr: KRChoksey

Britannia Industries | The company reported lower profit at Rs 381.8 crore in Q2FY22 against Rs 495.2 crore in Q2FY21, revenue increased to Rs 3,607.4 crore from Rs 3,419.1 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 Britannia Industries to report net profit at Rs 384.2 crore down 4.7% year-on-year (up 13.1% quarter-on-quarter).

Net Sales are expected to increase by 12 percent Y-o-Y (down 1.7 percent Q-o-Q) to Rs 3,607.4 crore, according to KRChoksey.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 7 percent Y-o-Y (up 1.9 percent Q-o-Q) to Rs 558.3 crore.

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