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.
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Emkay Earnings Estimates - Agri Inputs & Chemicals
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