KRChoksey has come out with its second quarter (July-September’ 21) earnings estimates for the Consumer Goods sector. The brokerage house expects Godrej Consumer Products to report net profit at Rs 485.4 crore up 5.9% year-on-year (up 17.3% quarter-on-quarter).
Net Sales are expected to increase by 10 percent Y-o-Y (up 10.8 percent Q-o-Q) to Rs 3,206.6 crore, according to KRChoksey.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 2.5 percent Y-o-Y (up 14.9 percent Q-o-Q) to Rs 689.4 crore.
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