ITC (Standalone) Q3 PAT seen up 10% YoY to Rs. 3,103.3 cr: Kotak

Kotak has come out with its third quarter (October-December’ 18) Earnings estimates for the Consumer Staples sector. The brokerage house expects ITC (Standalone) to report net profit at Rs. 3,103.3 crore up 10% year-on-year (up 5% quarter-on-quarter).

Net Sales are expected to increase by 8 percent Y-o-Y (down 4.1 percent Q-o-Q) to Rs. 10,449.1 crore, according to Kotak.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 10.2 percent Y-o-Y (up 4.1 percent Q-o-Q) to Rs. 4,194.4 crore.

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