Britannia Q1 PAT may dip 25.5% YoY to Rs. 405 cr: Arihant Capital

Arihant Capital has come out with its first quarter (April-June’ 21) earnings estimates for the FMCG sector. The brokerage house expects Britannia to report net profit at Rs. 405 crore down 25.5% year-on-year (up 12.4% quarter-on-quarter).

Net Sales are expected to decrease by 8.5 percent Y-o-Y to Rs. 3,130 crore, according to Arihant Capital.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 22.3 percent Y-o-Y (up 10.2 percent Q-o-Q) to Rs. 466 crore.

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