Kotak has come out with its second quarter (July-September’ 19) earnings estimates for the Speciality Chemicals sector. The brokerage house expects SRF to report net profit at Rs. 207.1 crore up 36.9% year-on-year (up 11.8% quarter-on-quarter).
Net Sales are expected to increase by 11 percent Y-o-Y (up 16.3 percent Q-o-Q) to Rs. 2,126.9 crore, according to Kotak.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 28.1 percent Y-o-Y (up 10.4 percent Q-o-Q) to Rs. 403.4 crore.
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Kotak Earnings Estimates - Consolidated
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