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    HomeNewsBusinessITC Q4 PAT seen up 11.9% to Rs 2792.03 cr: KR Choksey

    ITC Q4 PAT seen up 11.9% to Rs 2792.03 cr: KR Choksey

    Net Sales are expected to increase by 42.8 percent Q-o-Q (up 7 percent Y-o-Y) to Rs 14519.87 crore, according to KR Choksey. ITC to report net profit at 2792.03 crore up 11.9% quarter-on-quarter.

    April 20, 2017 / 16:34 IST
    A man talks on his mobile phone as he walks past an ITC office building in Kolkata September 4, 2012. ITC Ltd sells 80 percent of the cigarettes in the world's second most populous country where 275 million people use tobacco products. But as India follows the rest of the world in adopting anti-smoking regulations, the company's core tobacco business is getting squeezed and it is venturing into dairy products, drinks and perhaps even healthy breakfast foods to try to expand its money-losing consumer products business. Picture taken September 4, 2012. REUTERS/Rupak De Chowdhuri (INDIA - Tags: BUSINESS HEALTH) - RTR37J7R

    A man talks on his mobile phone as he walks past an ITC office building in Kolkata September 4, 2012. ITC Ltd sells 80 percent of the cigarettes in the world's second most populous country where 275 million people use tobacco products. But as India follows the rest of the world in adopting anti-smoking regulations, the company's core tobacco business is getting squeezed and it is venturing into dairy products, drinks and perhaps even healthy breakfast foods to try to expand its money-losing consumer products business. Picture taken September 4, 2012. REUTERS/Rupak De Chowdhuri (INDIA - Tags: BUSINESS HEALTH) - RTR37J7R

     
     
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    KR Choksey has come out with its fourth quarter (January-March) earnings estimates for the FMCG sector. The brokerage house expects ITC to report net profit at 2792.03 crore up 11.9% quarter-on-quarter.

    Net Sales are expected to increase by 42.8 percent Q-o-Q (up 7 percent Y-o-Y) to Rs 14519.87 crore, according to KR Choksey.

    Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 5.5 percent Q-o-Q (up 9.7 percent Y-o-Y) to Rs 3891.32 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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    first published: Apr 20, 2017 04:34 pm

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