Kotak has come out with its third quarter (October-December’ 18) Earnings estimates for the Consumer Staples sector. The brokerage house expects Britannia Industries (Consolidated) to report net profit at Rs. 316 crore up 19.9% year-on-year (up 4.3% quarter-on-quarter).
Net Sales are expected to increase by 12.6 percent Y-o-Y (up 0.7 percent Q-o-Q) to Rs. 2,890.6 crore, according to Kotak.