Apcotex Q1 PAT seen up 4% YoY to Rs 7.1 cr: KR Choksey

KR Choksey has come out with its first quarter (April-June) earnings estimates for the Midcap sector. The brokerage house expects Apcotex to report net profit at 7.1 crore up 4% year-on-year (102.1% quarter-on-quarter).

Net Sales are expected to increase by 48.9 percent Q-o-Q (up 21.8 percent Y-o-Y) to Rs 129.6 crore, according to KR Choksey.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 62.1 percent Q-o-Q (up 12.7 percent Y-o-Y) to Rs 12.1 crore.

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