ICICI Direct has come out with its third quarter (October-December’ 20) earnings estimates for the Real Estate and Infrastructure sector. The brokerage house expects Kajaria Ceramics to report net profit at Rs. 90.1 crore up 46.5% year-on-year (up 1.1% quarter-on-quarter).
Net Sales are expected to increase by 8.1 percent Y-o-Y (up 12.4 percent Q-o-Q) to Rs. 801 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 3.2 percent Q-o-Q) to Rs. 148.3 crore.
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