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Last Updated : Oct 11, 2019 05:32 PM IST | Source: Moneycontrol.com

PI Industries Q2 PAT seen up 53.4% YoY to Rs. 112.4 cr: Emkay

Net Sales are expected to increase by 16.6 percent Y-o-Y (up 11.8 percent Q-o-Q) to Rs. 843 crore, according to Emkay.

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Emkay has come out with its second quarter (July-September’ 19) earnings estimates for the Agri Input & Chemicals sector. The brokerage house expects PI Industries to report net profit at Rs. 112.4 crore up 53.4% year-on-year (up 11.5% quarter-on-quarter).


Net Sales are expected to increase by 16.6 percent Y-o-Y (up 11.8 percent Q-o-Q) to Rs. 843 crore, according to Emkay.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 55.3 percent Y-o-Y (up 16.4 percent Q-o-Q) to Rs. 112.4 crore.


Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.




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First Published on Oct 11, 2019 05:32 pm
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