Kansai Nerolac Q2 PAT seen up 2.6% YoY to Rs. 142.9 cr: ICICI Securities
Net Sales are expected to increase by 13 percent Y-o-Y (down 3.2 percent Q-o-Q) to Rs. 1281.1 crore, according to ICICI Securities.
ICICI Securities has come out with its second quarter (July-September) earnings estimates for the Paints sector. The brokerage house expects Kansai Nerolac to report net profit at Rs. 142.9 crore up 2.6% year-on-year (1.5% quarter-on-quarter).
Net Sales are expected to increase by 13 percent Y-o-Y (down 3.2 percent Q-o-Q) to Rs. 1281.1 crore, according to ICICI Securities.
Earnings before interest, tax, depreciation and amortization (EBITDA) are likely to rise by 3.8 percent Y-o-Y (down 0.7 percent Q-o-Q) to Rs. 205.8 crore.
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