PI Industries Q2 PAT may dip 8.9% YoY to Rs 462.9 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 PI Industries to report net profit at Rs 462.9 crore down 8.9% year-on-year (up 15.7% quarter-on-quarter).

Net Sales are expected to decrease by 19.4 percent Y-o-Y (down 5.8 percent Q-o-Q) to Rs 1,791.1 crore, according to Prabhudas Lilladher.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 23.3 percent Y-o-Y (down 7.2 percent Q-o-Q) to Rs 481.8 crore.

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