Sharekhan has come out with its fourth quarter (January-March’ 21) earnings estimates for the Building Materials sector. The brokerage house expects Greenlam Industries to report net profit at Rs 26 crore up 20% year-on-year (down 18.5% quarter-on-quarter).
Net Sales are expected to increase by 6 percent Y-o-Y (up 2.7 percent Q-o-Q) to Rs 344 crore, according to Sharekhan.
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