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    HomeNewsBusinessITC Q1 PAT seen up 33.4% YoY to Rs 3,125 cr: ICICI Direct

    ITC Q1 PAT seen up 33.4% YoY to Rs 3,125 cr: ICICI Direct

    Net Sales are expected to increase by 29.3 percent Y-o-Y (up 2.6 percent Q-o-Q) to Rs 12,284.9 crore, according to ICICI Direct.

    Broker Research
    July 12, 2021 / 18:33 IST
    ITC Ltd logo | Representative image

    ICICI Direct has come out with its first quarter (April-June’ 21) earnings estimates for the FMCG sector. The brokerage house expects ITC to report net profit at Rs 3,125 crore up 33.4% year-on-year (down 3.3% quarter-on-quarter).

    Net Sales are expected to increase by 29.3 percent Y-o-Y (up 2.6 percent Q-o-Q) to Rs 12,284.9 crore, according to ICICI Direct.

    Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 45.8 percent Y-o-Y (down 5 percent Q-o-Q) to Rs 3,858.3 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.

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    Broker Research
    first published: Jul 12, 2021 06:33 pm

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