Yes Securities has come out with its third quarter (October-December’ 20) earnings estimates for the Consumer Staples sector. The brokerage house expects Hind. Unilever to report net profit at Rs. 2.136.5 crore up 24.6% year-on-year (up 2.2% quarter-on-quarter).
Net Sales are expected to increase by 19 percent Y-o-Y (up 2 percent Q-o-Q) to Rs. 11,671.5 crore, according to Yes Securities.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 57.1 percent Y-o-Y (up 42.5 percent Q-o-Q) to Rs. 2,976.2 crore.
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