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JK Cement Q4 PAT seen up 32.5% YoY to Rs. 127.8 cr: ICICI Direct

Net Sales are expected to increase by 9 percent Y-o-Y (up 12.6 percent Q-o-Q) to Rs. 1,433.8 crore, according to ICICI Direct.

April 15, 2019 / 10:54 AM IST
 
 
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ICICI Direct has come out with its fourth quarter (January-March’ 19) earnings estimates for the Cement sector. The brokerage house expects JK Cement to report net profit at Rs. 127.8 crore up 32.5% year-on-year (up 109.8% quarter-on-quarter).


Net Sales are expected to increase by 9 percent Y-o-Y (up 12.6 percent Q-o-Q) to Rs. 1,433.8 crore, according to ICICI Direct.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 41.6 percent Y-o-Y (up 22.3 percent Q-o-Q) to Rs. 257.5 crore.


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