Reliance Securities has come out with its first quarter (April-June’ 19) earnings estimates for the Consumer sector. The brokerage house expects Britannia Industries to report net profit at Rs. 278 crore up 7.7% year-on-year (down 5.7% quarter-on-quarter).
Net Sales are expected to increase by 10.3 percent Y-o-Y (up 0.8 percent Q-o-Q) to Rs. 2,786.3 crore, according to Reliance Securities.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 3.1 percent Y-o-Y (down 8.1 percent Q-o-Q) to Rs. 401.4 crore.
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Reliance - Consolidated Earnings Estimates
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