Yes Securities has come out with its second quarter (July-September’ 22) earnings estimates for the Building Materials sector. The brokerage house expects Supreme Industries to report net profit at Rs. 163 crore down 28.7% year-on-year (down 23.8% quarter-on-quarter).
Net Sales are expected to increase by 2.7 percent Y-o-Y (down 10.3 percent Q-o-Q) to Rs. 1,979.7 crore, according to Yes Securities.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 573 percent Y-o-Y (down 181 percent Q-o-Q) to Rs. 205.5 crore.
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