HDFC Securities has come out with its second quarter (July-September’ 18) earnings estimates for the FMCG sector. The brokerage house expects Emami to report net profit at Rs. 130 crore down 12.6% year-on-year (up 83.6% quarter-on-quarter).
Net Sales are expected to decrease by 1.7 percent Y-o-Y (up 0.5 percent Q-o-Q) to Rs. 620 crore, according to HDFC Securities.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 12.8 percent Y-o-Y (up 42.1 percent Q-o-Q) to Rs. 180 crore.
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