ICICI Direct has come out with its fourth quarter (January-March’ 22) earnings estimates for the FMCG sector. The brokerage house expects Dabur India to report net profit at Rs. 335.9 crore down 11% year-on-year (down 33.4% quarter-on-quarter).
Net Sales are expected to increase by 8.2 percent Y-o-Y (down 14 percent Q-o-Q) to Rs. 2,528.8 crore, according to ICICI Direct.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 0.8 percent Y-o-Y (down 30 percent Q-o-Q) to Rs. 439 crore.
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