HomeNewsBusinessEarningsNestle Q4 PAT may dip 206.3% YoY to Rs. 344.5 cr: KR Choksey

Nestle Q4 PAT may dip 206.3% YoY to Rs. 344.5 cr: KR Choksey

Net Sales are expected to increase by 6.2 percent Y-o-Y (up 5.8 percent Q-o-Q) to Rs. 2,753.1 crore, according to KR Choksey.

April 20, 2018 / 16:32 IST
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Nestle India | The share price performance in FY20: 48%, FY19: 34%, FY18: 23%. PAT Margins for FY20, FY19, and FY18 were 12%, 14%, and 16% respectively.
Nestle India | The share price performance in FY20: 48%, FY19: 34%, FY18: 23%. PAT Margins for FY20, FY19, and FY18 were 12%, 14%, and 16% respectively.

KR Choksey has come out with its fourth quarter (Jan-March’ 18) earnings estimates for the FMCG sector. The brokerage house expects Nestle to report net profit at Rs. 344.5 crore down 206.3% year-on-year (up 10.5% quarter-on-quarter).

Net Sales are expected to increase by 6.2 percent Y-o-Y (up 5.8 percent Q-o-Q) to Rs. 2,753.1 crore, according to KR Choksey.

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Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 5.9 percent Y-o-Y (up 6.2 percent Q-o-Q) to Rs. 566.5 crore.

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