KR Choksey has come out with its fourth quarter (January-March) earnings estimates for the FMCG sector. The brokerage house expects Colgate to report net profit at 151.98 crore up 4.2% quarter-on-quarter.
Net Sales are expected to increase by 3.7 percent Q-o-Q (up 15 percent Y-o-Y) to Rs 1139.9 crore, according to KR Choksey.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 3.5 percent Q-o-Q (up 16.6 percent Y-o-Y) to Rs 249.64 crore.
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