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Castrol India Q1 PAT seen up 24.9% YoY to Rs. 205.1 cr: Kotak

Net Sales are expected to increase by 4 percent Y-o-Y (up 8.3 percent Q-o-Q) to Rs. 1,057.6 crore, according to Kotak.

July 17, 2019 / 01:33 PM IST
 
 
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Kotak has come out with its first quarter (April-June’ 19) earnings estimates for the Speciality Chemicals sector. The brokerage house expects Castrol India to report net profit at Rs. 205.1 crore up 24.9% year-on-year (up 10.9% quarter-on-quarter).


Net Sales are expected to increase by 4 percent Y-o-Y (up 8.3 percent Q-o-Q) to Rs. 1,057.6 crore, according to Kotak.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 26.1 percent Y-o-Y (up 12.2 percent Q-o-Q) to Rs. 317.5 crore.


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