Colgate Palmolive Q4 PAT may dip 14.4% YoY to Rs. 276.8 cr: Nirmal Bang

Nirmal Bang has come out with its fourth quarter (January-March’ 23) earnings estimates for the Consumer sector. The brokerage house expects Colgate Palmolive to report net profit at Rs. 276.8 crore down 14.4% year-on-year (up 13.8% quarter-on-quarter).

Net Sales are expected to increase by 6.4 percent Y-o-Y (up 7.2 percent Q-o-Q) to Rs. 1,384.9 crore, according to Nirmal Bang.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 7 percent Y-o-Y (up 10.5 percent Q-o-Q) to Rs. 399.5 crore.

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