Finolex Industries Q2 PAT seen up 136.8% YoY to Rs. 96.3 cr: Prabhudas Lilladher

Prabhudas Lilladher has come out with its second quarter (July-Sept’ 26) earnings estimates for the Building Materials sector. The brokerage house expects Finolex Industries to report net profit at Rs. 96.3 crore up 136.8 % year-on-year (down 1.9 percent Q-o-Q).

Net Sales are expected to increase by 1.8 percent Y-o-Y (down 19.2 percent Q-o-Q) to Rs. 843 crore, according to Prabhudas Lilladher.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 677 percent Y-o-Y (down 12.2 percent Q-o-Q) to Rs. 82.1 crore.

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