Jyothy Labs Q1 PAT may dip 4.2% YoY to Rs. 48 cr: Arihant Capital

Arihant Capital has come out with its first quarter (April-June’ 21) earnings estimates for the FMCG sector. The brokerage house expects Jyothy Labs to report net profit at Rs. 48 crore down 4.2% year-on-year (up 75.5% quarter-on-quarter).

Net Sales are expected to increase by 9.5 percent Y-o-Y (down 4.3 percent Q-o-Q) to Rs. 474 crore, according to Arihant Capital.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 5.5 percent Y-o-Y (up 2 percent Q-o-Q) to Rs. 72 crore.

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