Nestle India Q4 PAT seen up 22.8% YoY to Rs. 645.3 cr: KRChoksey

KRChoksey has come out with its fourth quarter (January-March’ 21) earnings estimates for the Consumer Goods sector. The brokerage house expects Nestle India to report net profit at Rs. 645.3 crore up 22.8% year-on-year (up 33.5% quarter-on-quarter).

Net Sales are expected to increase by 12.3 percent Y-o-Y (up 8.7 percent Q-o-Q) to Rs. 3,732.7 crore, according to KRChoksey.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 16.2 percent Y-o-Y (up 18.7 percent Q-o-Q) to Rs. 922 crore.

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