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    HomeNewsBusinessEarningsGrasim Q1 PAT may dip 14% at Rs 619.6cr: Kotak Securities

    Grasim Q1 PAT may dip 14% at Rs 619.6cr: Kotak Securities

    Kotak Securities expects Grasim to report a 24.2 percent degrowth quarter-on-quarter (down 13.7 percent year-on-year) in net profit at Rs 619.6 crore.

    August 03, 2013 / 12:51 IST

    Kotak Securities has come out with its first quarter (April-June) earnings estimates for the cement sector. The brokerage house expects Grasim to report a 24.2 percent degrowth quarter-on-quarter (down 13.7 percent year-on-year) in net profit at Rs 619.6 crore.

    Revenues are expected to decrease by 12.3 percent Q-o-Q (down 2.5 percent Y-o-Y) to Rs 6,625 crore, according to Kotak Securities.

    first published: Aug 3, 2013 12:51 pm

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