ITC Q3 PAT seen up 9.7% YoY to Rs 3,713.8 cr: KRChoksey

KRChoksey has come out with its third quarter (October-December’ 21) earnings estimates for the Consumer Goods sector. The brokerage house expects ITC to report net profit at Rs 3,713.8 crore up 9.7% year-on-year (up 4.2% quarter-on-quarter).

Net Sales are expected to increase by 7 percent Y-o-Y (up 1.8 percent Q-o-Q) to Rs 14,844.4 crore, according to KRChoksey.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 5 percent Y-o-Y (up 0.1 percent Q-o-Q) to Rs 5,017.6 crore.

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