Berger Paint Buy on Dips.
KRChoksey has come out with its second quarter (July-September’ 21) earnings estimates for the Consumer Goods sector. The brokerage house expects Berger Paints to report net profit at Rs 220.4 crore down 0.2% year-on-year (up 56.8% quarter-on-quarter).
Net Sales are expected to increase by 15 percent Y-o-Y (up 11.4 percent Q-o-Q) to Rs 2,003.9 crore, according to KRChoksey.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 4.3 percent Y-o-Y (up 46.6 percent Q-o-Q) to Rs 349.7 crore.
Net Sales are expected to increase by 15 percent Y-o-Y (up 11.4 percent Q-o-Q) to Rs 2,003.9 crore, according to KRChoksey.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 4.3 percent Y-o-Y (up 46.6 percent Q-o-Q) to Rs 349.7 crore.
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