Moneycontrol PRO
Loans
Loans
HomeNewsBusinessEarningsSRF Q3 PAT may dip 37.5% YoY to Rs. 319.1 cr: Prabhudas Lilladher

SRF Q3 PAT may dip 37.5% YoY to Rs. 319.1 cr: Prabhudas Lilladher

Net Sales are expected to decrease by 14.6 percent Y-o-Y (down 6.7 percent Q-o-Q) to Rs. 2,963.4 crore, according to Prabhudas Lilladher.

January 18, 2024 / 12:12 IST
SRF

Prabhudas Lilladher has come out with its third quarter (October-December’ 23) earnings estimates for the Chemicals sector. The brokerage house expects SRF to report net profit at Rs. 319.1 crore down 37.5% year-on-year (up 6.1% quarter-on-quarter).

Net Sales are expected to decrease by 14.6 percent Y-o-Y (down 6.7 percent Q-o-Q) to Rs. 2,963.4 crore, according to Prabhudas Lilladher.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 32.1 percent Y-o-Y (down 9.6 percent Q-o-Q) to Rs. 566.2 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.

Prabhudas_Chemicals

Broker Research
first published: Jan 18, 2024 11:54 am

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Subscribe to Tech Newsletters

  • On Saturdays

    Find the best of Al News in one place, specially curated for you every weekend.

  • Daily-Weekdays

    Stay on top of the latest tech trends and biggest startup news.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347