KRChoksey has come out with its third quarter (October-December’ 21) earnings estimates for the Consumer Goods sector. The brokerage house expects Tata Consumer Products to report net profit at Rs 268 crore up 43.9% year-on-year (up 17.1% quarter-on-quarter).
Net Sales are expected to increase by 7 percent Y-o-Y (up 9 percent Q-o-Q) to Rs 3,033.1 crore, according to KRChoksey
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 37.2 percent Y-o-Y (up 20 percent Q-o-Q) to Rs 413.3 crore.
Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!