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    HomeNewsBusinessEarningsGrasim Q2 PAT seen down 18% at Rs 508.2cr: Kotak Sec

    Grasim Q2 PAT seen down 18% at Rs 508.2cr: Kotak Sec

    According to Kotak Securities, Grasim Industries' revenues are expected to decrease by 11.7 percent Q-o-Q (down 7.1 percent Y-o-Y) to Rs 6085.5 crore.

    October 29, 2013 / 17:07 IST

    Kotak Securities has come out with its second quarter (July-September) earnings estimates for the cement sector. The brokerage house expects Grasim Industries to report a 16.7 percent degrowth quarter-on-quarter (down 18 percent Y-o-Y) in net profit at Rs 508.2 crore.

    Revenues of Grasim Industries are expected to decrease by 11.7 percent Q-o-Q (down 7.1 percent Y-o-Y) to Rs 6,085.5 crore, according to Kotak Securities.

    Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

    first published: Oct 29, 2013 05:07 pm

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