ITC Q2 PAT may dip 2.3% YoY to Rs 3,290.3 cr: KRChoksey

KRChoksey has come out with its second quarter (July-September’ 21) earnings estimates for the Consumer Goods sector. The brokerage house expects ITC to report net profit at Rs 3,290.3 crore down 2.3% year-on-year (up 0.4% quarter-on-quarter).

Net Sales are expected to increase by 8 percent Y-o-Y (down 0.3 percent Q-o-Q) to Rs 14,199.6 crore, according to KRChoksey.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 3.4 percent Y-o-Y (down 4.3 percent Q-o-Q) to Rs 4,250.7 crore.

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