Business

Nestlé Second Quarter Revenue Preview: PAT growth is expected to be 10.7-11.5% year-on-year.Companies Announce Results on Tuesday-Top 3 Things to Watch Out For

Nestlé Q2FY22 Revenue Results Preview: Elara Capital estimates that Fast-moving Consumer Goods (FMCG)’s leading Nestle India Limited will have sales of 3,885cr for the quarter ending September 30, 2021, up 10.2% year-on-year. On a Quarter-on-Quarter (QoQ) basis, it is expected to be 12.2%.

See ZeeBusiness Live TV Streaming below.

Meanwhile, Yes Securities expects Rupees 3,948.50, up 11.5% year-on-year in the reporting quarter. This is followed by a 13.6% increase. “Nestlé should have a strong topline growth of 12% on a strong foundation of 10% growth. Margins remain stable with a strong mix and limited RM inflation,” the report said. Stated.

Nestlé will announce its financial results for the second quarter of 2010 on Tuesday.

Three things to note:

  1. Revenues for the Second Quarter of 2010 – Elara Capital estimates growth of 10.2%, while Yes Securities sees a surge of 11.5%.
  2. Net Income – PAT was up 10.7% year-on-year to Rs 649.70, up 20.6% quarter-on-quarter due to Yes Securities. Elara Capital’s net income is expected to be 654.4cr, up 11.5% year-on-year and 21.5% quarter-on-quarter.
  3. Earnings before interest, taxes, depreciation or EBITDA increased by 12.4% year-on-year and 18.9% on a QoQ basis to Rs 929.4cr. Yes Securities sees EBITDA as Rs 987.7.

Nestle India’s share price rose 0.4% from its previous closing on Thursday, closing at Rs 19,400 on the NSE.

Sector trends and outlook:

-Elara: FMCG Universe reported year-over-year value / volume growth of 8.8% / 4.9% in the second quarter of 22E, with average realization in the 22E quarter driven by price increases in a sharp inflation scenario. It is expected to grow by 5% year-on-year.
-The EBITDA margin of the FMCG universe will shrink to 90bp year-on-year in the second quarter of 22E as adjusted price increases and overhead management only partially offset input cost inflation.

(Disclaimer: The views / suggestions / advice presented here in this article are by investment experts only. ZeeBusiness advises readers to consult an investment adviser before making financial decisions. It is recommended.)



Nestlé Second Quarter Revenue Preview: PAT growth is expected to be 10.7-11.5% year-on-year.Companies Announce Results on Tuesday-Top 3 Things to Watch Out For

Source link Nestlé Second Quarter Revenue Preview: PAT growth is expected to be 10.7-11.5% year-on-year.Companies Announce Results on Tuesday-Top 3 Things to Watch Out For

Related Articles

Back to top button