Net Sales are expected to decrease by 10.8 percent Y-o-Y (down 28.3 percent Q-o-Q) to Rs. 213 crore, according to HDFC Securities.
HDFC Securities has come out with its second quarter (January-March’ 20) earnings estimates for the Chemical sector. The brokerage house expects Vinati Organics to report net profit at Rs. 54 crore down 19.4% year-on-year (down 34.7% quarter-on-quarter).
Net Sales are expected to decrease by 10.8 percent Y-o-Y (down 28.3 percent Q-o-Q) to Rs. 213 crore, according to HDFC Securities.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 17.1 percent Y-o-Y (down 42.5 percent Q-o-Q) to Rs. 69 crore.
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