Moneycontrol
Get App
Last Updated : Oct 10, 2019 12:01 PM IST | Source: Moneycontrol.com

JK Lakshmi Cement Q2 PAT seen up 966.4% YoY to Rs. 83.3 cr: ICICI Direct

Net Sales are expected to increase by 3 percent Y-o-Y (down 7.4 percent Q-o-Q) to Rs. 877.4 crore, according to ICICI Direct.

 
 
live
  • bselive
  • nselive
Volume
Todays L/H
More

ICICI Direct has come out with its second quarter (July-September’ 19) earnings estimates for the Cement sector. The brokerage house expects JK Lakshmi Cement to report net profit at Rs. 83.3 crore up 966.4% year-on-year (up 21.6% quarter-on-quarter).


Net Sales are expected to increase by 3 percent Y-o-Y (down 7.4 percent Q-o-Q) to Rs. 877.4 crore, according to ICICI Direct.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 103.8 percent Y-o-Y (up 9.3 percent Q-o-Q) to Rs. 186.7 crore.


Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.




Moneycontrol Ready Reckoner
Now that payment deadlines have been relaxed due to COVID-19, the Moneycontrol Ready Reckoner will help keep your date with insurance premiums, tax-saving investments and EMIs, among others.
Get best insights into Options Trading. Join the webinar by Mr. Vishal B Malkan on May 28 only on Moneycontrol. Register Now!

First Published on Oct 10, 2019 12:01 pm
Sections
Follow us on