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

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 / 18:58 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)
     
     
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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.

    Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

     

    Broker Research
    first published: Apr 15, 2021 06:58 pm

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