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Kansai Nerolac Q1 PAT may dip 10.8% YoY to Rs. 123.7 cr: ICICI Direct

Net Sales are expected to increase by 5.2 percent Y-o-Y (up 25.2 percent Q-o-Q) to Rs. 1,446.4 crore, according to ICICI Direct.

July 11, 2019 / 05:48 PM IST
 
 
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ICICI Direct has come out with its first quarter (April-June’ 19) earnings estimates for the Consumer Discretionary sector. The brokerage house expects Kansai Nerolac to report net profit at Rs. 123.7 crore down 10.8% year-on-year (up 30.8% quarter-on-quarter).


Net Sales are expected to increase by 5.2 percent Y-o-Y (up 25.2 percent Q-o-Q) to Rs. 1,446.4 crore, according to ICICI Direct.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 7.5 percent Y-o-Y (up 33.9 percent Q-o-Q) to Rs. 202.8 crore.


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