GSK Consumer Q1 PAT seen up 15.6% YoY to Rs. 231.8 cr: ICICI Direct

ICICI Direct has come out with its first quarter (April-June’ 19) earnings estimates for the FMCG sector. The brokerage house expects GSK Consumer to report net profit at Rs. 231.8 crore up 15.6% year-on-year (down 18.9% quarter-on-quarter).

Net Sales are expected to increase by 9.2 percent Y-o-Y (down 6 percent Q-o-Q) to Rs. 1,208.5 crore, according to ICICI Direct.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 13.3 percent Y-o-Y (down 18.1 percent Q-o-Q) to Rs. 260.8 crore.

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