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JK Cement Q3 PAT seen up 10% YoY to Rs. 79.9 cr: ICICI Direct

Net Sales are expected to increase by 7.6 percent Y-o-Y (up 10.1 percent Q-o-Q) to Rs. 1,211.5 crore, according to ICICI Direct.

January 10, 2019 / 01:12 PM IST
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ICICI Direct has come out with its third quarter (October-December’ 18) earnings estimates for the Cement sector. The brokerage house expects JK Cement to report net profit at Rs. 79.9 crore up 10% year-on-year (up 24% quarter-on-quarter).


Net Sales are expected to increase by 7.6 percent Y-o-Y (up 10.1 percent Q-o-Q) to Rs. 1,211.5 crore, according to ICICI Direct.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 14.2 percent Y-o-Y (up 14.5 percent Q-o-Q) to Rs. 194.3 crore.


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