Tata Consumer Q1 PAT seen up 41.4% YoY to Rs 361.2 cr: Nirmal Bang

Nirmal Bang has come out with its first quarter (April - June’ 24) earnings estimates for the FMCG sector. The brokerage house expects Tata Consumer to report net profit at Rs 361.2 crore up 41.4% year-on-year (up 34.5% quarter-on-quarter).

Net Sales are expected to increase by 13 percent Y-o-Y (up 3.8 percent Q-o-Q) to Rs 3,757.7 crore, according to Nirmal Bang.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 19.1 percent Y-o-Y (up 6.5 percent Q-o-Q) to Rs 544.9 crore.

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