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Last Updated : Oct 14, 2020 04:32 PM IST | Source: Moneycontrol.com

HUL Q2 PAT seen up 7% YoY to Rs. 1,977.9 cr: ICICI Direct

Net Sales are expected to increase by 13.4 percent Y-o-Y (up 5.8 percent Q-o-Q) to Rs. 11,005.3 crore, according to ICICI Direct.

 
 
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ICICI Direct has come out with its second quarter (July-September 20) earnings estimates for the FMCG sector. The brokerage house expects HUL to report net profit at Rs. 1,977.9 crore up 7% year-on-year (up 5.1% quarter-on-quarter).

Net Sales are expected to increase by 13.4 percent Y-o-Y (up 5.8 percent Q-o-Q) to Rs. 11,005.3 crore, according to ICICI Direct.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 15.2 percent Y-o-Y (up 6.5 percent Q-o-Q) to Rs. 2,815.1 crore.

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First Published on Oct 14, 2020 04:32 pm
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