Moneycontrol
Oct 12, 2017 04:17 PM IST | Source: Moneycontrol.com

JK Cement Q2 PAT seen up 53.3% YoY to Rs. 62.7 cr: ICICI Securities

Net Sales are expected to increase by 16 percent Y-o-Y (up 2.7 percent Q-o-Q) to Rs. 1057 crore, according to ICICI Securities.

JK Cement Q2 PAT seen up 53.3% YoY to Rs. 62.7 cr: ICICI Securities

ICICI Securities has come out with its second quarter (July-September) earnings estimates for the Cement sector. The brokerage house expects JK Cement to report net profit at Rs. 62.7 crore up 53.3% year-on-year (down 21% quarter-on-quarter).


Net Sales are expected to increase by 16 percent Y-o-Y (up 2.7 percent Q-o-Q) to Rs. 1057 crore, according to ICICI Securities.


Earnings before interest, tax, depreciation and amortization (EBITDA) are likely to rise by 17.7 percent Y-o-Y (down 5.4 percent Q-o-Q) to Rs. 187.1 crore.


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