SRF Q1 PAT may dip 0.7% YoY to Rs. 132.9 cr: Kotak

Kotak has come out with its first quarter (April-June’ 19) earnings estimates for the Speciality Chemicals sector. The brokerage house expects SRF to report net profit at Rs. 132.9 crore down 0.7% year-on-year (down 30.4% quarter-on-quarter).

Net Sales are expected to increase by 7.1 percent Y-o-Y (down 10 percent Q-o-Q) to Rs. 1,865.7 crore, according to Kotak.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 4.5 percent Y-o-Y (down 16.2 percent Q-o-Q) to Rs. 325.3 crore.

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