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

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.

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