Motilal Oswal has come out with the fourth quarter (January-March ’22) estimates income for the consumer sector. The broker’s house expects ITC to report net profit at 4.076.4 Crore rises up 8.7% year-on-year (down 1.9% quarter in the quarter).
Net sales are expected to increase by 4.1 percent y-o-y (down 12.7 percent of Q-O-Q) to RS 13,842.1 Crore, according to Motilal Oswal.
Income before interest, tax, depreciation and amortization (EBITDA) is likely to rise 12.4 percent Y-O-Y (down 1.4 percent Q-O-Q) to Rs 5,029.2 Crore.
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