Prabhudas Lilladher has come out with its third quarter (October-December’ 18) earnings estimates for the Consumer sector. The brokerage house expects ITC to report net profit at Rs. 3,135.6 crore up 11.2% year-on-year (up 6.1% quarter-on-quarter).
Net Sales are expected to increase by 9.3 percent Y-o-Y (down 3.5 percent Q-o-Q) to Rs. 10,683.1 crore, according to Prabhudas Lilladher.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 10.1 percent Y-o-Y (up 2.2 percent Q-o-Q) to Rs. 4,300 crore.
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