ICICI Direct has come out with its third quarter (October-December’ 21) earnings estimates for the Chemicals sector. The brokerage house expects Aarti Industries to report net profit at Rs. 181.7 crore up 10% year-on-year (up 3.2% quarter-on-quarter).
Net Sales are expected to increase by 32.1 percent Y-o-Y (up 1 percent Q-o-Q) to Rs. 1,567.6 crore, according to ICICI Direct.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 19.5 percent Y-o-Y (up 9.9 percent Q-o-Q) to Rs. 340.6 crore.
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