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Last Updated : Oct 10, 2019 05:29 PM IST | Source: Moneycontrol.com

Tata Chemicals Q2 PAT seen up 4.9% YoY to Rs. 337.4 cr: Kotak

Net Sales are expected to increase by 7.5 percent Y-o-Y (up 9.9 percent Q-o-Q) to Rs. 3,182.7 crore, according to Kotak.

Q1. Founded in Germany by 3 partners, this company initially manufactured optical glasses for microscopes, telescopes and binoculars. The company developed borosilicate glass products featuring a low thermal expansion coefficient and high chemical resistance very suitable for laboratory equipment, which was later marketed under the DURAN brand. Identify the company. (Image: Reuters)
Q1. Founded in Germany by 3 partners, this company initially manufactured optical glasses for microscopes, telescopes and binoculars. The company developed borosilicate glass products featuring a low thermal expansion coefficient and high chemical resistance very suitable for laboratory equipment, which was later marketed under the DURAN brand. Identify the company. (Image: Reuters)
 
 
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Kotak has come out with its second quarter (July-September’ 19) earnings estimates for the Commodity Chemicals sector. The brokerage house expects Tata Chemicals to report net profit at Rs. 337.4 crore up 4.9% year-on-year (up 55.8% quarter-on-quarter).


Net Sales are expected to increase by 7.5 percent Y-o-Y (up 9.9 percent Q-o-Q) to Rs. 3,182.7 crore, according to Kotak.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 9.6 percent Y-o-Y (up 11.4 percent Q-o-Q) to Rs. 659.6 crore.


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First Published on Oct 10, 2019 05:29 pm
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