Supreme Industries Q3 PAT may dip 29.4% YoY to Rs. 173 cr: Sharekhan

Sharekhan has come out with its third quarter (October-December’ 22) earnings estimates for the Building Materials sector. The brokerage house expects Supreme Industries to report net profit at Rs. 173 crore down 29.4% year-on-year (up 111.4% quarter-on-quarter).

Net Sales are expected to decrease by 1.9 percent Y-o-Y (down 8.5 percent Q-o-Q) to Rs. 1,909 crore, according to Sharekhan.

Earnings before interest, tax, depreciation and amortisation (OPM) are likely to fall by 437 percent Y-o-Y (up 492 percent Q-o-Q) to Rs. 12 crore.

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