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Last Updated : Oct 14, 2020 04:35 PM IST | Source: Moneycontrol.com

ITC Q2 PAT may dip 15.1% YoY to Rs. 3,417.5 cr: ICICI Direct

Net Sales are expected to decrease by 2.3 percent Y-o-Y (up 22.9 percent Q-o-Q) to Rs. 11,594.6 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 ITC to report net profit at Rs. 3417.5 crore up 15.1% year-on-year (up 45.9% quarter-on-quarter).

Net Sales are expected to decrease by 2.3 percent Y-o-Y (up 22.9 percent Q-o-Q) to Rs. 11,594.6 crore, according to ICICI Direct.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 10.3 percent Y-o-Y (up 54.5 percent Q-o-Q) to Rs. 4,090.2 crore.

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First Published on Oct 14, 2020 04:35 pm
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