Marico Q2 PAT seen up 17.2% YoY to Rs. 251.1 cr: Kotak

Kotak has come out with its second quarter (July-September’ 19) earnings estimates for the Consumer Staples sector. The brokerage house expects Marico to report net profit at Rs. 251.1 crore up 17.2% year-on-year (up 22.1% quarter-on-quarter).

Net Sales are expected to increase by 7.2 percent Y-o-Y (down 9.1 percent Q-o-Q) to Rs. 1,969.8 crore, according to Kotak.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 22.6 percent Y-o-Y (down 21.8 percent Q-o-Q) to Rs. 360.6 crore.

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