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Last Updated : Oct 10, 2019 03:57 PM IST | Source: Moneycontrol.com

ITC Q2 PAT seen up 19.7% YoY to Rs. 3,538 cr: ICICI Direct

Net Sales are expected to increase by 6.6 percent Y-o-Y (up 2.6 percent Q-o-Q) to Rs. 11,797 crore, according to ICICI Direct.

 
 
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ICICI Direct has come out with its second quarter (July-September’ 19) earnings estimates for the FMCG sector. The brokerage house expects ITC to report net profit at Rs. 3,538 crore up 19.7% year-on-year (up 11.5% quarter-on-quarter).


Net Sales are expected to increase by 6.6 percent Y-o-Y (up 2.6 percent Q-o-Q) to Rs. 11,797 crore, according to ICICI Direct.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 7.7 percent Y-o-Y (down 0.8 percent Q-o-Q) to Rs. 4,528.3 crore.


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First Published on Oct 10, 2019 03:57 pm
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