Sharekhan has come out with its fourth quarter (January - March’ 24) earnings estimates for the BUILDING MATERIALS sector. The brokerage house expects Pidilite Industries to report net profit at Rs 431 crore up 50.6% year-on-year (down 15.7% quarter-on-quarter).
Net Sales are expected to increase by 6.6 percent Y-o-Y (down 8.4 percent Q-o-Q) to Rs 2,867 crore, according to Sharekhan.
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