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JK Laxmi Cement Q1 PAT seen up 114.1% YoY to Rs. 95.3 cr: ICICI Direct

Net Sales are expected to increase by 31.3 percent Y-o-Y (down 18.1 percent Q-o-Q) to Rs. 1,083.3 crore, according to ICICI Direct.

July 13, 2021 / 12:35 PM IST
 
 
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ICICI Direct has come out with its first quarter (April-June’ 21) earnings estimates for the Cement sector. The brokerage house expects JK Laxmi Cement to report net profit at Rs. 95.3 crore up 114.1% year-on-year (down 30.2% quarter-on-quarter).

Net Sales are expected to increase by 31.3 percent Y-o-Y (down 18.1 percent Q-o-Q) to Rs. 1,083.3 crore, according to ICICI Direct.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 47.1 percent Y-o-Y (down 21.3 percent Q-o-Q) to Rs. 210.9 crore.

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