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Kansai Nerolac Q2 PAT seen up 15.1% YoY to Rs. 140.5 cr: ICICI Direct

Net Sales are expected to increase by 4 percent Y-o-Y (down 8 percent Q-o-Q) to Rs. 1,345.7 crore, according to ICICI Direct.

October 10, 2019 / 03:15 PM IST
 
 
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ICICI Direct has come out with its second quarter (July-September’ 19) earnings estimates for the Consumer Discretionary sector. The brokerage house expects Kansai Nerolac to report net profit at Rs. 140.5 crore up 15.1% year-on-year (down 5% quarter-on-quarter).


Net Sales are expected to increase by 4 percent Y-o-Y (down 8 percent Q-o-Q) to Rs. 1,345.7 crore, according to ICICI Direct.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 3.3 percent Y-o-Y (down 19.1 percent Q-o-Q) to Rs. 201.5 crore.


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