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Castrol India Q4 PAT seen up 26.5% YoY to Rs. 230 cr: Kotak

Net Sales are expected to increase by 13 percent Y-o-Y (up 1.3 percent Q-o-Q) to Rs. 1,047.3 crore, according to Kotak.

April 17, 2019 / 03:25 PM IST
 
 
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Kotak has come out with its fourth quarter (January-March’ 19) earnings estimates for the Speciality Chemicals sector. The brokerage house expects Castrol India to report net profit at Rs. 230 crore up 26.5% year-on-year (up 8.6% quarter-on-quarter).


Net Sales are expected to increase by 13 percent Y-o-Y (up 1.3 percent Q-o-Q) to Rs. 1,047.3 crore, according to Kotak.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 29 percent Y-o-Y (up 11.4 percent Q-o-Q) to Rs. 353.7 crore.


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