Tata Consumer Q3 PAT may dip 3.5% YoY to Rs 265.2 cr: Nirmal Bang

Nirmal Bang has come out with its third quarter (October-December’ 23) earnings estimates for the FMCG sector. The brokerage house expects Tata Consumer to report net profit at Rs 265.2 crore down 3.5% year-on-year (up 7.7% quarter-on-quarter).

Net Sales are expected to increase by 7.4 percent Y-o-Y (up 2.4 percent Q-o-Q) to Rs 3,445.1 crore, according to Nirmal Bang.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 3 percent Y-o-Y (up 3.2 percent Q-o-Q) to Rs 447.9 crore.

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