Net Sales are expected to decrease by 5 percent Q-o-Q (up 12 percent Y-o-Y) to Rs 881.3 crore, according to Kotak Securities.
Kotak Securities' report on Balkrishna Industries
We expect volume growth to recover to 12% yoy.
We expect EBITDA margin to drop 400 bps yoy and 125 bps qoq, mainly on account of higher input costs.
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