Net Sales are expected to increase by 10.3 percent Y-o-Y (down 0.3 percent Q-o-Q) to Rs. 699.9 crore, according to Kotak.
Kotak has come out with its first quarter (April-June’ 19) earnings estimates for the Capital Goods sector. The brokerage house expects Carborundum Universal to report net profit at Rs. 61.6 crore down 2% year-on-year (down 0.5% quarter-on-quarter).
Net Sales are expected to increase by 10.3 percent Y-o-Y (down 0.3 percent Q-o-Q) to Rs. 699.9 crore, according to Kotak.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 2.8 percent Y-o-Y (down 7.4 percent Q-o-Q) to Rs. 110.4 crore.
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