Sharekhan has come out with its third quarter (October-December’ 21) earnings estimates for the Speciality Chemicals sector. The brokerage house expects SRF to report net profit at Rs 505 crore up 66.6% year-on-year (up 32.1% quarter-on-quarter).
Net Sales are expected to increase by 43.5 percent Y-o-Y (up 8.5 percent Q-o-Q) to Rs 3,080 crore, according to Sharekhan.
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