Emami Q3 PAT may dip 12.2% YoY to Rs 245.9 cr: Nirmal Bang

Nirmal Bang has come out with its third quarter (October-December’ 23) earnings estimates for the FMCG sector. The brokerage house expects Emami to report net profit at Rs 245.9 crore down 12.2% year-on-year (down 18.4% quarter-on-quarter).

Net Sales are expected to decrease by 1.6 percent Y-o-Y (up 17.5 percent Q-o-Q) to Rs 956.4 crore, according to Nirmal Bang.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 13.8 percent Y-o-Y (up 50.8 percent Q-o-Q) to Rs 294.6 crore.

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