Net Sales are expected to decrease by 5.1 percent Y-o-Y (up 37.6 percent Q-o-Q) to Rs. 530.9 crore, according to ICICI Direct.
ICICI Direct has come out with its fourth quarter (Jan-March’ 18) earnings estimates for the Building materials - Tiles sector. The brokerage house expects Somany Ceramics to report net profit at Rs. 21.8 crore down 12.7% year-on-year (up 52.3% quarter-on-quarter).
Net Sales are expected to decrease by 5.1 percent Y-o-Y (up 37.6 percent Q-o-Q) to Rs. 530.9 crore, according to ICICI Direct.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 22.8 percent Q-o-Q (up 36.1 percent Y-o-Y) to Rs. 39.2 crore.
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