KR Choksey has come out with its fourth quarter (January-March) earnings estimates for the FMCG sector. The brokerage house expects Parag Foods to report net profit at 1.31 crore down 91.9% quarter-on-quarter.
Net Sales are expected to increase by 13.1 percent Q-o-Q (up 5 percent Y-o-Y) to Rs 468.38 crore, according to KR Choksey.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 60.1 percent Q-o-Q (up 210.2 percent Y-o-Y) to Rs 15.92 crore.
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