HomeNewsBusinessUnited Breweries Q2 PAT may dip 44% YoY to Rs 75.1 cr: Nirmal Bang

United Breweries Q2 PAT may dip 44% YoY to Rs 75.1 cr: Nirmal Bang

Net Sales are expected to increase by 1.1 percent Y-o-Y (down 25.3 percent Q-o-Q) to Rs 1,698.2 crore, according to Nirmal Bang.

October 17, 2023 / 16:54 IST
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United Breweries
United Breweries

Nirmal Bang has come out with its second quarter (July - September’ 24) earnings estimates for the CONSUMER DISCRETIONARY sector. The brokerage house expects United Breweries to report net profit at Rs 75.1 crore down 44% year-on-year (down 44.8% quarter-on-quarter).

Net Sales are expected to increase by 1.1 percent Y-o-Y (down 25.3 percent Q-o-Q) to Rs 1,698.2 crore, according to Nirmal Bang.

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Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 34.1 percent Y-o-Y (down 35.2 percent Q-o-Q) to Rs 144.3 crore.

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