Net Sales are expected to increase by 11.7 percent Y-o-Y (up 45.2 percent Q-o-Q) to Rs. 1,400.9 crore, according to ICICI Direct.
ICICI Direct has come out with its second quarter (July-September 20) earnings estimates for the Cement sector. The brokerage house expects JK Cement to report net profit at Rs. 120.8 crore up 11.1% year-on-year (up 55.5% quarter-on-quarter).
Net Sales are expected to increase by 11.7 percent Y-o-Y (up 45.2 percent Q-o-Q) to Rs. 1,400.9 crore, according to ICICI Direct.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 22.5 percent Y-o-Y (up 44.5 percent Q-o-Q) to Rs. 311.2 crore.
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