Laxmi Organic Industries Q2 PAT seen up 274.9% YoY to Rs. 54.6 cr: Prabhudas Lilladher

Prabhudas Lilladher has come out with its second quarter (July-September’ 22) earnings estimates for the Chemicals sector. The brokerage house expects Laxmi Organic Industries to report net profit at Rs. 54.6 crore up 274.9% year-on-year (down 15.8% quarter-on-quarter).

Net Sales are expected to increase by 21.3 percent Y-o-Y (down 2.5 percent Q-o-Q) to Rs. 737.7 crore, according to Prabhudas Lilladher.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 188.4 percent Y-o-Y (down 12.3 percent Q-o-Q) to Rs. 89.1 crore.

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