Net Sales are expected to increase by 6 percent Y-o-Y (down 1.6 percent Q-o-Q) to Rs. 1,866.5 crore, according to Kotak.
Net Sales are expected to increase by 5.8 percent Y-o-Y (up 7.4 percent Q-o-Q) to Rs. 1,906.8 crore, according to ICICI Direct.
Net Sales are expected to increase by 9.3 percent Y-o-Y (down 3.5 percent Q-o-Q) to Rs. 1,845.6 crore, according to ICICI Direct.
Net Sales are expected to increase by 8.1 percent Y-o-Y (down 4.6 percent Q-o-Q) to Rs. 1,824.5 crore, according to Kotak.
Key challenges for the company remains in terms competitive intensity in the mass market. Having said that price hike taken by the company for three key domestic tea brands provides some solace.
The consolidated net profit for Q3 was lower mainly due to a deferred tax credit of Rs 53 crore recognised in Q3 FY18.
Net Sales are expected to increase by 7 percent Y-o-Y (up 5.1 percent Q-o-Q) to Rs. 1,851.5 crore, according to Kotak.
During the period, EBITDA is seen up 1 percent at Rs 201 crore versus Rs 199 crore while EBITDA margins may stand 9.1 percent versus 9.3 percent (YoY).
Revenue is seen rising 2.3 percent to Rs 2,070 crore compared to Rs 2,022 crore in year-ago period. Analysts expect revenue to be driven by 5 percent growth in tea business but coffee business is expected to remain subdued.
Operating profit may increase 4.5 percent year-on-year to Rs 210 crore but margin may fall 10 basis points to 10.4 percent. Analysts feel the advertising spend may keep margin under pressure.
Tata Global Beverage's fourth quarter performance is expected to be subdued as the demand is yet to pick up. Consolidated profit is likely to increase 12.5 percent year-on-year to Rs 78 crore during January-March quarter, according to a CNBC-TV18 poll.
Tata Global Beverage's third quarter consolidated profit after tax is expected to increase 1.2 percent year-on-year to Rs 121 crore, according to the average of estimates of analysts polled by CNBC-TV18. Adjusted profit is likely to increase 39.1 percent during the quarter.
After having relaunched various brands and spending a sizeable capital on advertising, Harish Bhat, chief executive officer and managing director, Tata Global Beverages, is confident that the ad spends will reap benefits in the days to come. Furthermore, he believes the company‘s coffee business is likely to pick up soon.
Consolidated profit after tax is expected to rise 25.5 percent year-on-year to Rs 149 crore and total income is seen increasing 8.1 percent Y-o-Y to Rs 2,011 crore in three-month period ended September 2013.
Revenue of Tata Global Beverage are expected to increase by 16.5 percent Q-o-Q (up 13.6 percent Y-o-Y) to Rs 2092.3 crore, according to ICICIdirect.com.
Post Tata Global Beverages's Q1 numbers, Harish Bhat, MD of the company told CNBC-TV18 that the key growth driver for it was and will continue to be a new product innovation in tea, coffee and water.
The company has posted a growth of 11 percent in its topline and 26 percent in its operating profits. Bhat credits the growth of various brands in different geographies for the positive numbers.
Harish Bhat, CEO & MD of Tata Global Beverages told CNBC-TV18 the third quarter has been very successful and despite the rising prices of tea they have shown a considerable improvement in their net profit.
Angel Broking has come out with earning expectations for FMCG sector for the October-December quarter of 2012. The research firm expects 3QFY2013 to be a reasonably strong quarter for its FMCG universe with top-line and bottom-line growth coming in at 15.8 percent and 11 percent respectively.
Considerable price hikes, festival season and reform measures announced by the Union Government over the past few months are likely to augur well for the fast moving consumer goods (FMCG) companies in Q3FY13.
Harish Bhat, CEO & MD of Tata Global Beverages estimates a 4-5 percent volume growth in its tea business this fiscal year.
UBS Securities is betting big on ITC as it is likely to post a strong second quarter results. Sunita Sachdev, Executive Director, UBS Securities is expecting its volume to growth at 1-2% in this quarter. She also reasons that ban on chewing tobacco will support cigarette volumes.
Tata Global Beverages sees strong domestic and international growth continue despite adverse economic conditions.
Fast moving consumer goods companies are expected to report on average around 20% year-on-year sales growth in the Jan-March quarter, helped by some softening of input costs and price hikes.