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Tata Global Beverages Q2 PAT may dip 3.4% YoY to Rs. 170.4 cr: Kotak

Net Sales are expected to increase by 6 percent Y-o-Y (down 1.6 percent Q-o-Q) to Rs. 1,866.5 crore, according to Kotak.

October 11, 2019 / 12:41 PM IST
 
 
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Kotak has come out with its second quarter (July-September’ 19) earnings estimates for the Consumer Staples sector. The brokerage house expects Tata Global Beverages to report net profit at Rs. 170.4 crore down 3.4% year-on-year (down 27.7% quarter-on-quarter).


Net Sales are expected to increase by 6 percent Y-o-Y (down 1.6 percent Q-o-Q) to Rs. 1,866.5 crore, according to Kotak.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 24.8 percent Y-o-Y (down 21.5 percent Q-o-Q) to Rs. 208 crore.


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