FMCG company Emami will declare its third quarter (October-December) earnings today. Consolidated profit after tax is expected to increase 21.9 percent on yearly basis to Rs 140 crore and net sales may grow 11.8 percent to Rs 613 crore in the quarter gone by, according to CNBC-TV18 poll.
Earnings before interest, tax, depreciation and amortisation (EBITDA) is likely to surge 22.9 percent on yearly basis to Rs 168 crore and operating profit margin may expand 250 bps to 27.4 percent in the quarter ended December 2013.
EBITDA does not include the item – transfer to general reserve, which is a constant recurring expense the management accounts for every quarter.
Analysts expect domestic volume growth to be at 6-7 percent Y-o-Y while international business growth is expected to be around 13 percent year-on-year.
The management commentary was very cautious post Q2FY14 conference call. Guidance for topline was revised downward while guidance on profitability was kept intact.
The management expects volume growth of 8-10 percent and 15-20 percent growth in its international business in FY14.
Skin care portfolio may be impacted due to initially weak winter, though it picked up in December-end, analysts say.
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!
Find the best of Al News in one place, specially curated for you every weekend.
Stay on top of the latest tech trends and biggest startup news.
