Jubilant Ingrevia Q3 PAT may dip 48.8% YoY to Rs. 46.8 cr: Prabhudas Lilladher

Prabhudas Lilladher has come out with its third quarter (October-December’ 23) earnings estimates for the Chemicals sector. The brokerage house expects Jubilant Ingrevia to report net profit at Rs. 46.8 crore down 48.8% year-on-year (down 18.5% quarter-on-quarter).

Net Sales are expected to decrease by 22 percent Y-o-Y (down 11.4 percent Q-o-Q) to Rs. 903.8 crore, according to Prabhudas Lilladher.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 36.5 percent Y-o-Y (down 18.5 percent Q-o-Q) to Rs. 95.9 crore.

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