Tata Chemical Q4 PAT seen up 2,546.1% YoY to Rs. 311.4 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 Tata Chemical to report net profit at Rs. 311.4 crore up 2,546.1% year-on-year (up 3.5% quarter-on-quarter).

Net Sales are expected to increase by 25.5 percent Y-o-Y (up 5.3 percent Q-o-Q) to Rs. 3,308.4 crore, according to ICICI Direct.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 105.8 percent Y-o-Y (up 6.7 percent Q-o-Q) to Rs. 581.9 crore.

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