Prabhudas Lilladher has come out with its fourth quarter (January-March’ 23) earnings estimates for the Agro Chemicals sector. The brokerage house expects Coromandel International to report net profit at Rs. 3,781 crore up 30.2% year-on-year (down 29.6% quarter-on-quarter).
Net Sales are expected to increase by 32.2 percent Y-o-Y (down 32.7 percent Q-o-Q) to Rs. 5,589.2 crore, according to Prabhudas Lilladher.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 39.9 percent Y-o-Y (down 31.9 percent Q-o-Q) to Rs. 531.3 crore.
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