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

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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