Varun Beverages Q4 PAT seen up 25.1% YoY to Rs. 24.7 cr: ICICI Direct

ICICI Direct has come out with its fourth quarter (January-March’ 19) earnings estimates for the FMCG sector. The brokerage house expects Varun Beverages to report net profit at Rs. 24.7 crore up 25.1% year-on-year.

Net Sales are expected to increase by 9.8 percent Y-o-Y (up 53 percent Q-o-Q) to Rs. 1,201.8 crore, according to ICICI Direct.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 11.7 percent Y-o-Y (up 303.5 percent Q-o-Q) to Rs. 192.9 crore.

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