Colgate Q1 PAT seen up 20.2% YoY to Rs. 200 cr: HDFC Securities

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HDFC Securities has come out with its first quarter (April-June’ 20) earnings estimates for the FMCG sector. The brokerage house expects Colgate to report net profit at Rs. 200 crore up 20.2% year-on-year (down 0.4% quarter-on-quarter).

Net Sales are expected to decrease by 2.9 percent Y-o-Y (down 1.7 percent Q-o-Q) to Rs. 1,050 crore, according to HDFC Securities.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 3.1 percent Y-o-Y (up 17.6 percent Q-o-Q) to Rs. 310 crore.

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