Britannia Q2 PAT seen up 12.5% YoY to Rs. 290 cr: HDFC Securities

HDFC Securities has come out with its second quarter (July-September’ 18) earnings estimates for the FMCG sector. The brokerage house expects Britannia to report net profit at Rs. 290 crore up 12.5% year-on-year (up 13.8% quarter-on-quarter).

Net Sales are expected to increase by 13.5 percent Y-o-Y to Rs. 2,890 crore, according to HDFC Securities.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 15.4 percent Y-o-Y (up 11.9 percent Q-o-Q) to Rs. 440 crore.

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