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Last Updated : Oct 10, 2019 05:46 PM IST | Source: Moneycontrol.com

JK Cement Q2 PAT seen up 81.2% YoY to Rs. 117.2 cr: Kotak

Net Sales are expected to increase by 9.7 percent Y-o-Y (down 7.6 percent Q-o-Q) to Rs. 1,226.7 crore, according to Kotak.

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Kotak has come out with its second quarter (July-September’ 19) earnings estimates for the Construction Materials sector. The brokerage house expects JK Cement to report net profit at Rs. 117.2 crore up 81.2% year-on-year (down 23.8% quarter-on-quarter).


Net Sales are expected to increase by 9.7 percent Y-o-Y (down 7.6 percent Q-o-Q) to Rs. 1,226.7 crore, according to Kotak.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 34.7 percent Y-o-Y (down 16.7 percent Q-o-Q) to Rs. 252.9 crore.


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First Published on Oct 10, 2019 05:46 pm
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