Astral Poly Technik Q1 PAT seen up 31.5% YoY to Rs. 50.5 cr: Kotak

Kotak has come out with its first quarter (April-June’ 19) earnings estimates for the Building Products sector. The brokerage house expects Astral Poly Technik to report net profit at Rs. 50.5 crore up 31.5% year-on-year (down 22.8% quarter-on-quarter).

Net Sales are expected to increase by 28 percent Y-o-Y (down 21.2 percent Q-o-Q) to Rs. 610.7 crore, according to Kotak.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 28.9 percent Y-o-Y (down 15.5 percent Q-o-Q) to Rs. 100.5 crore.

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