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Marico Q4 PAT seen up 11.3% YoY to Rs. 223.9 cr: ICICI Direct

Net Sales are expected to increase by 22.6 percent Y-o-Y (down 7.8 percent Q-o-Q) to Rs. 1,834.7 crore, according to ICICI Direct.

April 13, 2021 / 09:33 PM IST
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ICICI Direct has come out with its fourth quarter (January-March’ 21) earnings estimates for the FMCG sector. The brokerage house expects Marico to report net profit at Rs. 223.9 crore up 11.3% year-on-year (down 18% quarter-on-quarter).

Net Sales are expected to increase by 22.6 percent Y-o-Y (down 7.8 percent Q-o-Q) to Rs. 1,834.7 crore, according to ICICI Direct.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 18.4 percent Y-o-Y (down 14.2 percent Q-o-Q) to Rs. 333.8 crore.

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