HDFC has come out with its first quarter (April-June�� 18) earnings estimates for the FMCG sector. The brokerage house expects Jubilant Food to report net profit at Rs. 60 crore up 98.6% year-on-year (down 6.4% quarter-on-quarter).
Net Sales are expected to increase by 20 percent Y-o-Y (up 4.5 percent Q-o-Q) to Rs. 810 crore, according to HDFC.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 58.9 percent Y-o-Y (down 1 percent Q-o-Q) to Rs. 130 crore.
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Read More First Published on Jul 19, 2018 05:38 pm
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