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Greenlam Industries Q4 PAT seen up 42.9% YoY to Rs 31 cr: YES Securities

Net Sales are expected to increase by 11.8 percent Y-o-Y (up 8.2 percent Q-o-Q) to Rs 362.1 crore, according to YES Securities.

April 15, 2021 / 06:58 PM IST
Greenlam Industries | Company reported lower profit at Rs 18.5 crore in Q2FY21 against Rs 27.5 crore, revenue fell to Rs 289.3 crore from Rs 349 crore YoY. (Image: greenlamindustries.com)

Greenlam Industries | Company reported lower profit at Rs 18.5 crore in Q2FY21 against Rs 27.5 crore, revenue fell to Rs 289.3 crore from Rs 349 crore YoY. (Image: greenlamindustries.com)

 
 
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YES Securities has come out with its fourth quarter (January-March’ 21) earnings estimates for the Cement and Building Materials sector. The brokerage house expects Greenlam Industries to report net profit at Rs 31 crore up 42.9% year-on-year (down 3.1% quarter-on-quarter).

Net Sales are expected to increase by 11.8 percent Y-o-Y (up 8.2 percent Q-o-Q) to Rs 362.1 crore, according to YES Securities.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 187.4 percent Y-o-Y (down 148 percent Q-o-Q) to Rs 57.3 crore.

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