Arihant Capital has come out with its first quarter (April-June’ 21) earnings estimates for the FMCG sector. The brokerage house expects Zydus Wellness to report net profit at Rs. 122 crore up 36.3% year-on-year (down 8.7% quarter-on-quarter).
Net Sales are expected to increase by 12 percent Y-o-Y (down 0.6 percent Q-o-Q) to Rs. 602 crore, according to Arihant Capital.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 9.7 percent Y-o-Y (down 7.7 percent Q-o-Q) to Rs. 134 crore.
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