Kotak has come out with its fourth quarter (January-March’ 19) earnings estimates for theConsumer Staples sector. The brokerage house expects Colgateto report net profit at Rs. 198.8 crore up 11.2% year-on-year (up 8.6% quarter-on-quarter).
Net Sales are expected to increase by 7.4 percent Y-o-Y (up 6.7 percent Q-o-Q) to Rs. 1,173 crore, according to Kotak.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 10 percent Y-o-Y (up 7.6 percent Q-o-Q) to Rs. 338.3 crore.
Source : MONEYCONTROL.COM
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