Colgate Palmolive Q4 PAT seen up 17.1% YoY to Rs. 239.1 cr: ICICI Direct

ICICI Direct has come out with its fourth quarter (January-March’ 21) earnings estimates for the FMCG sector. The brokerage house expects Colgate Palmolive to report net profit at Rs. 239.1 crore up 17.1% year-on-year (down 12.8% quarter-on-quarter).

Net Sales are expected to increase by 14.8 percent Y-o-Y (down 4.3 percent Q-o-Q) to Rs. 1,230.3 crore, according to ICICI Direct.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 39.7 percent Y-o-Y (down 10.3 percent Q-o-Q) to Rs. 367.2 crore.

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