ITC Q4 PAT seen up 10.7% YoY to Rs. 4,148.6 cr: ICICI Direct

ICICI Direct has come out with its fourth quarter (January-March’ 22) earnings estimates for the FMCG sector. The brokerage house expects ITC to report net profit at Rs. 4,148.6 crore up 10.7% year-on-year (down 0.2% quarter-on-quarter).

Net Sales are expected to increase by 21.5 percent Y-o-Y (up 2.3 percent Q-o-Q) to Rs. 17,198 crore, according to ICICI Direct.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 18.6 percent Y-o-Y (up 3.9 percent Q-o-Q) to Rs. 5,303.3 crore.

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