HDFC Securities has come out with its fourth quarter (January-March) earnings estimates for the Chemicals & Fertilisers sector. The brokerage house expects SRF to report net profit at 110 crore up 2.4% quarter-on-quarter.
Net Sales are expected to be flat Q-o-Q (up 1.7 percent Y-o-Y) to Rs 1130 crore, according to HDFC Securities.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 2.8 percent Q-o-Q (up 0.9 percent Y-o-Y) to Rs 230 crore.
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