Berger Paints Q2 PAT seen up 10.8% YoY to Rs. 124.3 cr: ICICI Securities

ICICI Securities has come out with its second quarter (July-September) earnings estimates for the Paints sector. The brokerage house expects Berger Paints to report net profit at Rs. 124.3 crore up 10.8% year-on-year (10.2% quarter-on-quarter).

Net Sales are expected to increase by 12 percent Y-o-Y (up 4.4 percent Q-o-Q) to Rs. 1423.9 crore, according to ICICI Securities.

Earnings before interest, tax, depreciation and amortization (EBITDA) are likely to rise by 9.2 percent Y-o-Y (up 5.4 percent Q-o-Q) to Rs. 195.2 crore.

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