January 17, 2017 / 17:18 IST
HDFC Securities has come out with its third quarter (October-December) earnings estimates for the FMCG sector. The brokerage house expects
Colgate to report net profit at Rs. 140 crore down 20.7% quarter-on-quarter.
Net Sales are expected to decrease by 5.3 percent Q-o-Q (down 1.4 percent Y-o-Y) to Rs 1000 crore, according to HDFC Securities.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 19.4 percent Q-o-Q (down 4.3 percent Y-o-Y) to Rs 220 crore.
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