Pidilite Industries (Consolidated) Q3 PAT seen up 8.5% YoY to Rs. 260.2 cr: Kotak

Kotak has come out with its third quarter (October-December’ 18) Earnings estimates for the Consumer Staples sector. The brokerage house expects Pidilite Industries (Consolidated) to report net profit at Rs. 260.2 crore up 8.5% year-on-year (up 12.3% quarter-on-quarter).

Net Sales are expected to increase by 15.6 percent Y-o-Y (up 1.5 percent Q-o-Q) to Rs. 1,783.5 crore, according to Kotak.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 2 percent Y-o-Y (up 3.5 percent Q-o-Q) to Rs. 377.8 crore.

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