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

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.

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.