Prabhudas Lilladher has come out with its second quarter (July-September’ 22) earnings estimates for the Chemicals sector. The brokerage house expects Fine Organic Industries to report net profit at Rs. 157.1 crore up 215.1% year-on-year (down 1.7% quarter-on-quarter).
Net Sales are expected to increase by 80.5 percent Y-o-Y (up 5.8 percent Q-o-Q) to Rs. 791.3 crore, according to Prabhudas Lilladher.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 195.4 percent Y-o-Y (up 0.5 percent Q-o-Q) to Rs. 215.8 crore.
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