Indigo Paints Q2 PAT seen up 101.9% YoY to Rs. 27.4 cr: Motilal Oswal

Motilal Oswal has come out with its second quarter (July-September’ 22) earnings estimates for the Consumer sector. The brokerage house expects Indigo Paints to report net profit at Rs. 27.4 crore up 101.9% year-on-year (up 37.4% quarter-on-quarter).

Net Sales are expected to increase by 25 percent Y-o-Y (up 9.4 percent Q-o-Q) to Rs. 245.1 crore, according to Motilal Oswal.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 83.5 percent Y-o-Y (up 21.6 percent Q-o-Q) to Rs. 42.9 crore.

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