Berger Paints Q4 PAT may dip 15.8% to Rs 91.8 cr: ICICI Securities

ICICI Securities has come out with its fourth quarter (January-March) earnings estimates for the Paints sector. The brokerage house expects Berger Paints to report net profit at 91.8 crore down 15.8% quarter-on-quarter.

Net Sales are expected to decrease by 5.5 percent Q-o-Q (up 7.5 percent Y-o-Y) to Rs 1224.8 crore, according to ICICI Securities.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 16 percent Q-o-Q (down 1.1 percent Y-o-Y) to Rs 154.2 crore.

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