Tata Chemicals Q4 PAT may dip 20% YoY to Rs. 247.7 cr: Kotak

Net Sales are expected to increase by 9.4 percent Y-o-Y (down 1.3 percent Q-o-Q) to Rs. 2,795.7 crore, according to Kotak.

Kotak has come out with its fourth quarter (January-March’ 19) earnings estimates for the Commodity Chemicals sector. The brokerage house expects Tata Chemicals to report net profit at Rs. 247.7 crore down 20% year-on-year (up 0.3% quarter-on-quarter).

Net Sales are expected to increase by 9.4 percent Y-o-Y (down 1.3 percent Q-o-Q) to Rs. 2,795.7 crore, according to Kotak.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 1.4 percent Y-o-Y (up 10.3 percent Q-o-Q) to Rs. 519.8 crore.

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