Moneycontrol PRO
Upcoming Event:Attend Quants League - 5 Days Live Algorithmic Options Trading Virtual Conference @ just Rs. 600/- brought to you by Moneycontrol Pro. Register Now!

JK Cement Q2 PAT seen up 53.3% YoY to Rs. 62.7 cr: ICICI Securities

Net Sales are expected to increase by 16 percent Y-o-Y (up 2.7 percent Q-o-Q) to Rs. 1057 crore, according to ICICI Securities.

October 12, 2017 / 04:17 PM IST
cement_94683164

cement_94683164

 
 
live
  • bselive
  • nselive
Volume
Todays L/H
More

ICICI Securities has come out with its second quarter (July-September) earnings estimates for the Cement sector. The brokerage house expects JK Cement to report net profit at Rs. 62.7 crore up 53.3% year-on-year (down 21% quarter-on-quarter).


Net Sales are expected to increase by 16 percent Y-o-Y (up 2.7 percent Q-o-Q) to Rs. 1057 crore, according to ICICI Securities.


Earnings before interest, tax, depreciation and amortization (EBITDA) are likely to rise by 17.7 percent Y-o-Y (down 5.4 percent Q-o-Q) to Rs. 187.1 crore.


Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

first published: Oct 12, 2017 04:17 pm

stay updated

Get Daily News on your Browser
Sections
ISO 27001 - BSI Assurance Mark