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JK Cement Q1 PAT seen up 152.6% YoY to Rs. 124.6 cr: HDFC Securities

Net Sales are expected to increase by 14 percent Y-o-Y (down 14.8 percent Q-o-Q) to Rs. 1,271.7 crore, according to HDFC Securities.

July 16, 2019 / 04:50 PM IST
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HDFC Securities has come out with its first quarter (April-June’ 19) earnings estimates for the Cement sector. The brokerage house expects JK Cement to report net profit at Rs. 124.6 crore up 152.6% year-on-year (down 16.9% quarter-on-quarter).


Net Sales are expected to increase by 14 percent Y-o-Y (down 14.8 percent Q-o-Q) to Rs. 1,271.7 crore, according to HDFC Securities.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 73.2 percent Y-o-Y (down 6.8 percent Q-o-Q) to Rs. 260.4 crore.


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