ITC Q2 PAT seen up 17.8% YoY to Rs 3,806.2 cr: Motilal Oswal

Motilal Oswal has come out with its second quarter (July-September’ 21) earnings estimates for the Consumer sector. The brokerage house expects ITC to report net profit at Rs 3,806.2 crore up 17.8% year-on-year (up 26.3% quarter-on-quarter).

Net Sales are expected to increase by 15.5 percent Y-o-Y (up 5.7 percent Q-o-Q) to Rs 12,915.6 crore, according to Motilal Oswal.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 15.8 percent Y-o-Y (up 17.8 percent Q-o-Q) to Rs 4,701.8 crore.

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