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Last Updated : Jul 16, 2019 04:52 PM IST | Source: Moneycontrol.com

JK Lakshmi Q1 PAT seen up 229.9% YoY to Rs. 45.4 cr: HDFC Securities

Net Sales are expected to increase by 5.7 percent Y-o-Y (down 16.7 percent Q-o-Q) to Rs. 976.2 crore, according to HDFC Securities.

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HDFC Securities has come out with its first quarter (April-June’ 19) earnings estimates for the Cement sector. The brokerage house expects JK Lakshmi to report net profit at Rs. 45.4 crore up 229.9% year-on-year (up 4.9% quarter-on-quarter).


Net Sales are expected to increase by 5.7 percent Y-o-Y (down 16.7 percent Q-o-Q) to Rs. 976.2 crore, according to HDFC Securities.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 50.7 percent Y-o-Y (up 7.8 percent Q-o-Q) to Rs. 141.5 crore.


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First Published on Jul 16, 2019 04:52 pm
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