Moneycontrol
Jul 20, 2017 07:21 PM IST | Source: Moneycontrol.com

Somany Ceramics Q1 PAT seen up 10.9% YoY to Rs 19.9 cr: ICICI

Net Sales are expected to decrease by 23.7 percent Q-o-Q (up 3.2 percent Y-o-Y) to Rs 427 crore, according to ICICI. Somany Ceramics to report net profit at 19.9 crore up 10.9% 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 Somany Ceramics to report net profit at 19.9 crore up 10.9% year-on-year (down 20.6% quarter-on-quarter).

Net Sales are expected to decrease by 23.7 percent Q-o-Q (up 3.2 percent Y-o-Y) to Rs 427 crore, according to ICICI.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 29.6 percent Q-o-Q (up 15.5 percent Y-o-Y) to Rs 35.8 crore.

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