HomeNewsBusinessEarningsJ K Cements Q3 PAT seen up 2.6% YoY to Rs. 171.8 cr: Motilal Oswal

J K Cements Q3 PAT seen up 2.6% YoY to Rs. 171.8 cr: Motilal Oswal

Net Sales are expected to increase by 16.7 percent Y-o-Y (up 5.7 percent Q-o-Q) to Rs. 2,264.9 crore, according to Motilal Oswal.

January 20, 2023 / 11:16 IST
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Representative image
Representative image

Motilal Oswal has come out with its third quarter (October-December’ 22) earnings estimates for the Cement sector. The brokerage house expects J K Cements to report net profit at Rs. 171.8 crore up 2.6% year-on-year (up 25.9% quarter-on-quarter).

Net Sales are expected to increase by 16.7 percent Y-o-Y (up 5.7 percent Q-o-Q) to Rs. 2,264.9 crore, according to Motilal Oswal.

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Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 6.3 percent Y-o-Y (up 17.1 percent Q-o-Q) to Rs. 347.3 crore.

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