Prabhudas Lilladher has come out with its second quarter (July - September’ 26) earnings estimates for the Consumer sector. The brokerage house expects Marico to report net profit at Rs 412.4 crore up 6.3% year-on-year (down 19.6% quarter-on-quarter).
Net Sales are expected to increase by 29.5 percent Y-o-Y (up 5.9 percent Q-o-Q) to Rs 3,449.9 crore, according to Prabhudas Lilladher.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 4.4 percent Y-o-Y (down 16.8 percent Q-o-Q) to Rs 545.1 crore.
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