KRChoksey has come out with its third quarter (October-December’ 21) earnings estimates for the Consumer Goods sector. The brokerage house expects Godrej Consumer Products to report net profit at Rs 478.9 crore up 4.4% year-on-year (up 9.5% quarter-on-quarter).
Net Sales are expected to increase by 8.9 percent Y-o-Y (up 5.2 percent Q-o-Q) to Rs 3,163.7 crore, according to KRChoksey.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 5.6 percent Y-o-Y (up 11 percent Q-o-Q) to Rs 659.6 crore.
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