Nestle India Q4 PAT may dip 5.8% YoY to Rs. 399.3 cr: ICICI Direct

ICICI Direct has come out with its fourth quarter (January-March’ 19) earnings estimates for the FMCG sector. The brokerage house expects Nestle India to report net profit at Rs. 399.3 crore down 5.8% year-on-year (up 16.8% quarter-on-quarter).

Net Sales are expected to increase by 12.9 percent Y-o-Y (up 7.5 percent Q-o-Q) to Rs. 3,113.9 crore, according to ICICI Direct.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 1.5 percent Y-o-Y (up 15.9 percent Q-o-Q) to Rs. 694 crore.

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