Motilal Oswal has come out with its fourth quarter (January-March’ 22) earnings estimates for the Consumer sector. The brokerage house expects ITC to report net profit at Rs 4,076.4 crore up 8.7% year-on-year (down 1.9% quarter-on-quarter).
Net Sales are expected to increase by 4.1 percent Y-o-Y (down 12.7 percent Q-o-Q) to Rs 13,842.1 crore, according to Motilal Oswal.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 12.4 percent Y-o-Y (down 1.4 percent Q-o-Q) to Rs 5,029.2 crore.
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