Kajaria Q2 net seen up 24%, lower gas prices may support margin

Kajaria Ceramics' second quarter profit is seen rising 23.6 percent to Rs 72.6 crore and revenue may increase 8.5 percent to Rs 661 crore compared to year-ago period, according to average of estimates of analysts polled by CNBC-TV18.

October 19, 2016 / 17:26 IST

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Kajaria Ceramics' second quarter profit is seen rising 23.6 percent to Rs 72.6 crore and revenue may increase 8.5 percent to Rs 661 crore compared to year-ago period, according to average of estimates of analysts polled by CNBC-TV18.

Operating profit margin may expand to 21.4 percent during the quarter from 19.5 percent in corresponding period of last fiscal due to lower gas prices.

Volume growth is likely to be 7-8 percent and realisations may grow 1-2 percent.

first published: Oct 19, 2016 05:26 pm

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