CCL Products Q3 PAT seen up 11.1% YoY to Rs. 52.2 cr: Yes Securities

Yes Securities has come out with its third quarter (October-December’ 20) earnings estimates for the Consumer Staples sector. The brokerage house expects CCL Products to report net profit at Rs. 52.2 crore up 11.1% year-on-year (up 9.9% quarter-on-quarter).

Net Sales are expected to increase by 8 percent Y-o-Y (up 1.5 percent Q-o-Q) to Rs. 326.9 crore, according to Yes Securities.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 282.4 percent Y-o-Y (up 93.2 percent Q-o-Q) to Rs. 81.7 crore.

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