Varun Beverages (Consolidated) Q4 PAT seen up 25% YoY to Rs. 23.3 cr: Kotak

Kotak has come out with its fourth quarter (January-March’ 19) earnings estimates for the Consumer Staples sector. The brokerage house expects Varun Beverages (Consolidated) to report net profit at Rs. 23.3 crore up 25% year-on-year (down 132.6% quarter-on-quarter).

Net Sales are expected to increase by 12.1 percent Y-o-Y (up 56.2 percent Q-o-Q) to Rs. 1,226.8 crore, according to Kotak.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 6.9 percent Y-o-Y (up 286.3 percent Q-o-Q) to Rs. 184.6 crore.

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