Nestle Q2 PAT may dip 3% YoY to Rs 584.6 cr: Motilal Oswal

Motilal Oswal has come out with its second quarter (July-September’ 21) earnings estimates for the Consumer sector. The brokerage house expects Nestle to report net profit at Rs 584.6 crore down 3% year-on-year (up 11.5% quarter-on-quarter).

Net Sales are expected to increase by 8.8 percent Y-o-Y (up 10.8 percent Q-o-Q) to Rs 3,853.4 crore, according to Motilal Oswal.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 0.7 percent Y-o-Y (up 8.6 percent Q-o-Q) to Rs 905.5 crore.

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