KR Choksey has come out with its fourth quarter (Jan-March’ 18) earnings estimates for the Midcap sector. The brokerage house expects Apcotex to report net profit at Rs. 10.5 crore up 196.3% year-on-year (down 21.3% quarter-on-quarter).
Net Sales are expected to increase by 55.6 percent Y-o-Y (down 2.1 percent Q-o-Q) to Rs. 135 crore, according to KR Choksey.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 123 percent Y-o-Y (down 4.4 percent Q-o-Q) to Rs. 16.6 crore.
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