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Sudarshan Chemicals Q2 PAT seen up 15.4% YoY to Rs 35 cr: ICICI Direct

Net Sales are expected to increase by 19.7 percent Y-o-Y (up 8.2 percent Q-o-Q) to Rs 513.6 crore, according to ICICI Direct.

October 19, 2021 / 12:01 PM IST
Sudarshan Chemical Industries | Company reported profit at Rs 30.33 crore in Q2FY21 against Rs 46.2 crore, revenue rose to Rs 428.9 crore from Rs 424.85 crore YoY. (Image: Moneycontrol)

Sudarshan Chemical Industries | Company reported profit at Rs 30.33 crore in Q2FY21 against Rs 46.2 crore, revenue rose to Rs 428.9 crore from Rs 424.85 crore YoY. (Image: Moneycontrol)

 
 
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ICICI Direct has come out with its second quarter (July-September’ 21) earnings estimates for the Chemicals sector. The brokerage house expects Sudarshan Chemicals to report net profit at Rs 35 crore up 15.4% year-on-year (up 33.6% quarter-on-quarter).

Net Sales are expected to increase by 19.7 percent Y-o-Y (up 8.2 percent Q-o-Q) to Rs 513.6 crore, according to ICICI Direct.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 9.9 percent Y-o-Y (up 20 percent Q-o-Q) to Rs 74.4 crore.

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