KRChoksey has come out with its second quarter (July-September’ 21) earnings estimates for the Consumer Goods sector. The brokerage house expects Britannia Industries to report net profit at Rs 505 crore up 1.1% year-on-year (up 29.6% quarter-on-quarter).
Net Sales are expected to increase by 6.2 percent Y-o-Y (up 6.7 percent Q-o-Q) to Rs 3,631 crore, according to KRChoksey.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 1.9 percent Y-o-Y (up 19.7 percent Q-o-Q) to Rs 662.8 crore.
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