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JK Lakshmi Cement Q1 PAT may dip 10.3% YoY to Rs 106.4 cr: Prabhudas Lilladher

Net Sales are expected to increase by 18.9 percent Y-o-Y (down 2.2 percent Q-o-Q) to Rs 1,464.3 crore, according to Prabhudas Lilladher.

July 13, 2022 / 08:04 AM IST
 
 
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Prabhudas Lilladher has come out with its first quarter (April-June’ 22) earnings estimates for the Cement sector. The brokerage house expects JK Lakshmi Cement to report net profit at Rs 106.4 crore down 10.3% year-on-year (down 2% quarter-on-quarter).


Net Sales are expected to increase by 18.9 percent Y-o-Y (down 2.2 percent Q-o-Q) to Rs 1,464.3 crore, according to Prabhudas Lilladher.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 2.1 percent Y-o-Y (down 23.4 percent Q-o-Q) to Rs 211.5 crore.


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