ITC Q4 PAT seen up 9.8% YoY to Rs. 2,932 cr: HDFC Securities

HDFC Securities has come out with its fourth quarter (Jan-March’ 18) earnings estimates for the FMCG sector. The brokerage house expects ITC to report net profit at Rs. 2,932 crore up 9.8% year-on-year (down 5.1% quarter-on-quarter).

Net Sales are expected to increase by 6.5 percent Y-o-Y (up 19 percent Q-o-Q) to Rs. 11,845 crore, according to HDFC Securities.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 10.1 percent Y-o-Y (up 9.2 percent Q-o-Q) to Rs. 4,265 crore.

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