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JK Cement Q3 PAT seen up 26.2% YoY to Rs. 92.1 cr: Chola Securities

Net Sales are expected to increase by 10.6 percent Y-o-Y (up 13.2 percent Q-o-Q) to Rs. 1,245.5 crore, according to Chola Securities.

January 16, 2019 / 06:26 PM IST
 
 
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Chola Securities 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. 92.1 crore up 26.2% year-on-year (up 42.3% quarter-on-quarter).


Net Sales are expected to increase by 10.6 percent Y-o-Y (up 13.2 percent Q-o-Q) to Rs. 1,245.5 crore, according to Chola Securities.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 21.8 percent Y-o-Y (up 22.2 percent Q-o-Q) to Rs. 207.4 crore.


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