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ITC Q2 PAT seen up 12% YoY to Rs 3,619.1 cr: ICICI Direct

Net Sales are expected to increase by 13.4 percent Y-o-Y (up 4.8 percent Q-o-Q) to Rs 13,585.9 crore, according to ICICI Direct.

October 19, 2021 / 02:15 PM IST
ITC Ltd logo | Representative image

ITC Ltd logo | Representative image

 
 
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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 ITC to report net profit at Rs 3,619.1 crore up 12% year-on-year (up 20.1% quarter-on-quarter).

Net Sales are expected to increase by 13.4 percent Y-o-Y (up 4.8 percent Q-o-Q) to Rs 13,585.9 crore, according to ICICI Direct.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 17.4 percent Y-o-Y (up 19.4 percent Q-o-Q) to Rs 4,766.6 crore.

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