KR Choksey has come out with its third quarter (October-December) earnings estimates for the FMCG sector. The brokerage house expects Prabhat Dairy to report net profit at 9.9 crore up 10.8% quarter-on-quarter.
Net Sales are expected to decrease by 1 percent Q-o-Q (up 5.4 percent Y-o-Y) to Rs 321.28 crore, according to KR Choksey.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 20 percent Q-o-Q (up 13.8 percent Y-o-Y) to Rs 33.09 crore.
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