KR Choksey has come out with its second quarter (July-September’ 22) earnings estimates for the Specialty Chemical sector. The brokerage house expects Aarti Industries to report net profit at Rs 210.7 crore up 19.7% year-on-year (up 11.4% quarter-on-quarter).
Net Sales are expected to increase by 30 percent Y-o-Y (up 2.3 percent Q-o-Q) to Rs 2,017.1 crore, according to KR Choksey.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 24.8 percent Y-o-Y (up 4.7 percent Q-o-Q) to Rs 386.7 crore.
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