Prabhudas Lilladher has come out with its second quarter (July - September’ 26) earnings estimates for the Chemicals sector. The brokerage house expects SRF to report net profit at Rs 471.3 crore up 133% year-on-year (up 9% quarter-on-quarter).
Net Sales are expected to increase by 18.2 percent Y-o-Y (up 6 percent Q-o-Q) to Rs 4,046.7 crore, according to Prabhudas Lilladher.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 64.9 percent Y-o-Y (up 6.9 percent Q-o-Q) to Rs 887 crore.
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