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Asian Paints Q3 PAT seen up 3.6% YoY to Rs. 764.4 cr: KR Choksey

Net Sales are expected to increase by 0.1 percent Y-o-Y (up 1.4 percent Q-o-Q) to Rs. 5,420.3 crore, according to KR Choksey.

January 15, 2021 / 03:11 PM IST
Asian Paints | Promoter entity Smiti Holding and Trading Company released pledge on 9 lakh shares.

Asian Paints | Promoter entity Smiti Holding and Trading Company released pledge on 9 lakh shares.

 
 
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KR Choksey has come out with its third quarter (October-December’ 20) earnings estimates for the Consumer Goods sector. The brokerage house expects Asian Paints to report net profit at Rs. 764.4  crore up 3.6% year-on-year (down 4.6% quarter-on-quarter).


Net Sales are expected to increase by 0.1 percent Y-o-Y (up 1.4 percent Q-o-Q) to Rs. 5,420.3 crore, according to KR Choksey.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 5.9 percent Y-o-Y (down 0.4 percent Q-o-Q) to Rs. 1,189.4 crore.


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