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HUL Q2 PAT seen up 10% YoY to Rs 2,210.2 cr: ICICI Direct

Net Sales are expected to increase by 14.8 percent Y-o-Y (up 10.2 percent Q-o-Q) to Rs 13,132.2 crore, according to ICICI Direct.

October 19, 2021 / 02:13 PM IST
 
 
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ICICI Direct has come out with its second quarter (July-September’ 21) earnings estimates for the FMCG sector. The brokerage house expects HUL to report net profit at Rs 2,210.2 crore up 10% year-on-year (up 7.2% quarter-on-quarter).

Net Sales are expected to increase by 14.8 percent Y-o-Y (up 10.2 percent Q-o-Q) to Rs 13,132.2 crore, according to ICICI Direct.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 9.1 percent Y-o-Y (up 9.9 percent Q-o-Q) to Rs 3,129.9 crore.

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