NOCIL Q2 PAT seen up 100% YoY to Rs. 60 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 NOCIL to report net profit at Rs. 60 crore up 100% year-on-year (down 9.8% quarter-on-quarter).

Net Sales are expected to increase by 35.6 percent Y-o-Y to Rs. 508.7 crore, according to Prabhudas Lilladher.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 82.1 percent Y-o-Y (down 10.7 percent Q-o-Q) to Rs. 91.6 crore.

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