Heritage Foods Q4 PAT seen up 68.2% YoY to Rs. 24.7 cr: KR Choksey

KR Choksey has come out with its fourth quarter (Jan-March’ 18) earnings estimates for the FMCG sector. The brokerage house expects Heritage Foods to report net profit at Rs. 24.7 crore up 68.2% year-on-year (up 47.8% quarter-on-quarter).

Net Sales are expected to increase by 11.5 percent Y-o-Y (up 34.9 percent Q-o-Q) to Rs. 780.8 crore, according to KR Choksey.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 41.8 percent Y-o-Y (up 38 percent Q-o-Q) to Rs. 48 crore.

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