Sharekhan has come out with its third quarter (October-December’ 21) earnings estimates for the Speciality Chemicals sector. The brokerage house expects NOCIL to report net profit at Rs 26 crore up 17.6% year-on-year (down 12.5% quarter-on-quarter).
Net Sales are expected to increase by 39.9 percent Y-o-Y (up 2.4 percent Q-o-Q) to Rs 384 crore, according to Sharekhan.
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