JK Laxmi Cement Q2 PAT may dip 79.1% YoY to Rs. 5.2 cr: ICICI Securities
Net Sales are expected to increase by 12.4 percent Y-o-Y (down 18.2 percent Q-o-Q) to Rs 736.7 crore, according to ICICI Securities.
ICICI Securities has come out with its second quarter (July-September) earnings estimates for the Cement sector. The brokerage house expects JK Laxmi Cement to report net profit at 5.2 crore down 79.1% year-on-year (81.6% quarter-on-quarter).
Net Sales are expected to increase by 12.4 percent Y-o-Y (down 18.2 percent Q-o-Q) to Rs. 736.7 crore, according to ICICI Securities.
Earnings before interest, tax, depreciation and amortization (EBITDA) are likely to fall by 15.4 percent Y-o-Y (down 34.2 percent Q-o-Q) to Rs. 79.2 crore.
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