Net Sales are expected to decrease by 3 percent Y-o-Y (up 10 percent Q-o-Q) to Rs. 907.5 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 Laxmi Cement to report net profit at Rs. 45.2 crore down 1.5% year-on-year (up 1.8% quarter-on-quarter).
Net Sales are expected to decrease by 3 percent Y-o-Y (up 10 percent Q-o-Q) to Rs. 907.5 crore, according to ICICI Direct.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 0.9 percent Y-o-Y (up 2.8 percent Q-o-Q) to Rs. 147.3 crore.
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