Zydus Wellness Q1 PAT seen up 54.1% YoY to Rs 137.5 cr: ICICI Direct

ICICI Direct has come out with its first quarter (April-June’ 21) earnings estimates for the FMCG sector. The brokerage house expects Zydus Wellness to report net profit at Rs 137.5 crore up 54.1% year-on-year.

Net Sales are expected to increase by 18.2 percent Y-o-Y (up 85.7 percent Q-o-Q) to Rs 635.2 crore, according to ICICI Direct.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 22.2 percent Y-o-Y (up 451.5 percent Q-o-Q) to Rs 149.6 crore.

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