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Last Updated : Jan 17, 2017 04:48 PM IST | Source: Moneycontrol.com

ITC Q3 PAT seen up 10.8% to Rs 2740 cr: HDFC Securities

Net Sales are expected to decrease by 3.1 percent Q-o-Q (up 2 percent Y-o-Y) to Rs 9360 crore, according to HDFC Securities.

 
 
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HDFC Securities has come out with its third quarter (October-December) earnings estimates for the FMCG sector. The brokerage house expects ITC to report net profit at Rs 2740 crore up 10.8% quarter-on-quarter.


Net Sales are expected to decrease by 3.1 percent Q-o-Q (up 2 percent Y-o-Y) to Rs 9360 crore, according to HDFC Securities.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 1.2 percent Q-o-Q (down 0.5 percent Y-o-Y) to Rs 3590 crore.

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First Published on Jan 17, 2017 04:29 pm
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