Sharekhan has come out with its fourth quarter (January-March’ 21) earnings estimates for the Building Materials sector. The brokerage house expects Astral Poly Technik to report net profit at Rs 119 crore up 75.4% year-on-year (up 37.3% quarter-on-quarter).
Net Sales are expected to increase by 41.8 percent Y-o-Y (up 26 percent Q-o-Q) to Rs 942 crore, according to Sharekhan.
Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.