Castrol India Q2 PAT seen up 42.5% YoY to Rs. 214.3 cr: Kotak

Kotak has come out with its second quarter (July-September’ 19) earnings estimates for the Speciality Chemicals sector. The brokerage house expects Castrol India to report net profit at Rs. 214.3 crore up 42.5% year-on-year (up 17.3% quarter-on-quarter).

Net Sales are expected to increase by 1 percent Y-o-Y (down 10 percent Q-o-Q) to Rs. 935.7 crore, according to Kotak.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 14.6 percent Y-o-Y (down 8.4 percent Q-o-Q) to Rs. 260.5 crore.

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