ICICI Direct has come out with its fourth quarter (January-March’ 22) earnings estimates for the FMCG sector. The brokerage house expects Zydus Wellness to report net profit at Rs. 132.6 crore down 0.4% year-on-year (up 483.5% quarter-on-quarter).
Net Sales are expected to increase by 12.8 percent Y-o-Y (up 76 percent Q-o-Q) to Rs. 683.2 crore, according to ICICI Direct.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 0.9 percent Y-o-Y (up 346.3 percent Q-o-Q) to Rs. 144.1 crore.
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