SRF Q4 PAT seen up 58.9% YoY to Rs. 605.2 cr: ICICI Direct

ICICI Direct has come out with its fourth quarter (January-March’ 22) earnings estimates for the Chemicals sector. The brokerage house expects SRF to report net profit at Rs. 605.2 crore up 58.9% year-on-year (up 19.7% quarter-on-quarter).

Net Sales are expected to increase by 33.9 percent Y-o-Y (up 4.4 percent Q-o-Q) to Rs. 3,491.8 crore, according to ICICI Direct.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 41.1 percent Y-o-Y (up 2.9 percent Q-o-Q) to Rs. 906.8 crore.

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