ICICI Direct has come out with its third quarter (October-December’ 21) earnings estimates for the Real Estate & Infrastructure sector. The brokerage house expects Kajaria Ceramics to report net profit at Rs. 105.5 crore down 11.3% year-on-year (down 9.2% quarter-on-quarter).
Net Sales are expected to increase by 18 percent Y-o-Y (up 1.6 percent Q-o-Q) to Rs. 989.2 crore, according to ICICI Direct.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 4.7 percent Y-o-Y (down 4.1 percent Q-o-Q) to Rs. 173.2 crore.
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