Asian Paints Q2 PAT seen up 12.1% YoY to Rs 930.9 cr: KRChoksey

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Asian Paints, #Brokerage Recos - Sector Report, #Brokerage Results Estimates, #consumer goods, #earnings, #KRChoksey, #Result Poll

KRChoksey has come out with its second quarter (July-September’ 21) earnings estimates for the Consumer Goods sector. The brokerage house expects Asian Paints to report net profit at Rs 930.9 crore up 12.1% year-on-year (up 63.8% quarter-on-quarter).

Net Sales are expected to increase by 20 percent Y-o-Y (up 14.9 percent Q-o-Q) to Rs 6,420.3 crore, according to KRChoksey.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 6.6 percent Y-o-Y (up 47.6 percent Q-o-Q) to Rs 1,348.3 crore.

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