Arihant Capital has come out with its first quarter (April-June’ 21) earnings estimates for the FMCG sector. The brokerage house expects Dabur India to report net profit at Rs. 402 crore up 17.7% year-on-year (up 6.4% quarter-on-quarter).
Net Sales are expected to increase by 19.6 percent Y-o-Y (down 1.3 percent Q-o-Q) to Rs. 2,368 crore, according to Arihant Capital.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 16.8 percent Y-o-Y (up 10 percent Q-o-Q) to Rs. 487 crore.
Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!