United Spirits Q1 PAT may dip 39.1% YoY to Rs. 145.7 cr: Nirmal Bang

Nirmal Bang has come out with its first quarter (April-June’ 24) earnings estimates for the Consumer Discretionary sector. The brokerage house expects United Spirits to report net profit at Rs. 145.7 crore down 39.1% year-on-year (up 1.7% quarter-on-quarter).

Net Sales are expected to decrease by 11.5 percent Y-o-Y (down 23.1 percent Q-o-Q) to Rs. 1,918.9 crore, according to Nirmal Bang.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 0.6 percent Y-o-Y (up 1.3 percent Q-o-Q) to Rs. 272.5 crore.

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