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    HomeNewsBusinessEarningsJK Lakshmi Q1 PAT seen up 68.5% YoY to Rs. 170.1 cr: Nirmal Bang

    JK Lakshmi Q1 PAT seen up 68.5% YoY to Rs. 170.1 cr: Nirmal Bang

    Net Sales are expected to increase by 13.1 percent Y-o-Y (up 1.5 percent Q-o-Q) to Rs. 1,754.8 crore, according to Nirmal Bang.

    Broker Research
    July 14, 2023 / 12:15 IST
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    Nirmal Bang has come out with its first quarter (April-June’ 24) earnings estimates for the Cement sector. The brokerage house expects JK Lakshmi to report net profit at Rs. 170.1 crore up 68.5% year-on-year (up 74.8% quarter-on-quarter).

    Net Sales are expected to increase by 13.1 percent Y-o-Y (up 1.5 percent Q-o-Q) to Rs. 1,754.8 crore, according to Nirmal Bang.

    Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 33 percent Y-o-Y (up 52.6 percent Q-o-Q) to Rs. 288.6 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.

    Nirmal bang_Cement

    Broker Research
    first published: Jul 14, 2023 12:15 pm

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