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JK Cement Q2 PAT seen up 123.3% YoY to Rs. 144.4 cr: ICICI Direct

Net Sales are expected to increase by 11.7 percent Y-o-Y (down 8.9 percent Q-o-Q) to Rs. 1,229.2 crore, according to ICICI Direct.

October 10, 2019 / 11:58 AM IST
 
 
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ICICI Direct has come out with its second quarter (July-September’ 19) earnings estimates for the Cement sector. The brokerage house expects JK Cement to report net profit at Rs. 144.4 crore up 123.3% year-on-year (up 14.8% quarter-on-quarter).


Net Sales are expected to increase by 11.7 percent Y-o-Y (down 8.9 percent Q-o-Q) to Rs. 1,229.2 crore, according to ICICI Direct.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 59.9 percent Y-o-Y (down 1.6 percent Q-o-Q) to Rs. 271.4 crore.


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