JK Laxmi Cement Q3 PAT seen up 335.6% YoY to Rs. 37.4 cr: ICICI Direct

Net Sales are expected to increase by 11.5 percent Y-o-Y (up 9.7 percent Q-o-Q) to Rs. 933.9 crore, according to ICICI Direct.

ICICI Direct has come out with its third quarter (October-December’ 18) earnings estimates for the Cement sector. The brokerage house expects JK Laxmi Cement to report net profit at Rs. 37.4 crore up 335.6% year-on-year (up 379.1% quarter-on-quarter).

Net Sales are expected to increase by 11.5 percent Y-o-Y (up 9.7 percent Q-o-Q) to Rs. 933.9 crore, according to ICICI Direct.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 33.6 percent Y-o-Y (up 37.6 percent Q-o-Q) to Rs. 126.1 crore.

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