Angel Broking has come out with its earning estimates on FMCG sector for the quarter ended June 2011. According to the research firm, Asian Paints June quarter sales are expected to go up by 16.2% at Rs 2,127 crore, year-on-year, (YoY) basis.
The company's net profit is expected to go up 13.7% at Rs 252.6 crore on YoY basis.
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