NOCIL Q2 PAT may dip 48.8% YoY to Rs 21.5 cr: Prabhudas Lilladher

Prabhudas Lilladher has come out with its second quarter (July - September’ 26) earnings estimates for the Chemicals sector. The brokerage house expects NOCIL to report net profit at Rs 21.5 crore down 48.8% year-on-year (up 24.7% quarter-on-quarter).

Net Sales are expected to decrease by 11.6 percent Y-o-Y (down 4.7 percent Q-o-Q) to Rs 320.6 crore, according to Prabhudas Lilladher.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 25.6 percent Y-o-Y (down 8.1 percent Q-o-Q) to Rs 28.1 crore.

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