Net Sales are expected to increase by 11.1 percent Y-o-Y (up 6.6 percent Q-o-Q) to Rs. 996.6 crore, according to ICICI Direct.
ICICI Direct has come out with its fourth quarter (January-March’ 19) earnings estimates for the Cement sector. The brokerage house expects JK Laxmi Cement to report net profit at Rs. 43.1 crore up 27.3% year-on-year (up 192% quarter-on-quarter).
Net Sales are expected to increase by 11.1 percent Y-o-Y (up 6.6 percent Q-o-Q) to Rs. 996.6 crore, according to ICICI Direct.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 33.2 percent Y-o-Y (up 37.3 percent Q-o-Q) to Rs. 134.9 crore.
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