Sharekhan has come out with its fourth quarter (January-March’ 21) earnings estimates for the Consumer Goods sector. The brokerage house expects Tata Consumer Products to report net profit at Rs 194.6 crore up 36.2% year-on-year (down 19.5% quarter-on-quarter).
Net Sales are expected to increase by 21.9 percent Y-o-Y (down 4.5 percent Q-o-Q) to Rs 2,930.8 crore, according to Sharekhan.
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