KRChoksey has come out with its third quarter (October-December’ 21) earnings estimates for the Consumer Goods sector. The brokerage house expects Emami to report net profit at Rs 185.3 crore down 1.6% year-on-year (up 11.2% quarter-on-quarter).
Net Sales are expected to increase by 5 percent Y-o-Y (up 24.3 percent Q-o-Q) to Rs 788.8 crore, according to KRChoksey.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 3.5 percent Y-o-Y (up 18.5 percent Q-o-Q) to Rs 277.2 crore.
Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
Find the best of Al News in one place, specially curated for you every weekend.
Stay on top of the latest tech trends and biggest startup news.