Moneycontrol
Jul 20, 2017 07:20 PM IST | Source: Moneycontrol.com

Kajaria Ceramics Q1 PAT may dip 12% YoY to Rs 55.8 cr: ICICI

Net Sales are expected to decrease by 14.3 percent Q-o-Q (up 4.2 percent Y-o-Y) to Rs 617.8 crore, according to ICICI. Kajaria Ceramics to report net profit at 55.8 crore down 12% year-on-year.

 
 
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ICICI has come out with its first quarter (April-June) earnings estimates for the Building Materials sector. The brokerage house expects Kajaria Ceramics to report net profit at 55.8 crore down 12% year-on-year (21.1% quarter-on-quarter).

Net Sales are expected to decrease by 14.3 percent Q-o-Q (up 4.2 percent Y-o-Y) to Rs 617.8 crore, according to ICICI.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 14.1 percent Q-o-Q (down 11.5 percent Y-o-Y) to Rs 111.4 crore.

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