JK Lakshmi Cement Q1 PAT seen up 385.1% YoY to Rs. 66.7 cr: Prabhudas Lilladher

July 09
15:32 2019

Prabhudas Lilladher has come out with its first quarter (April-June’ 19) earnings estimates for the Cement sector. The brokerage house expects JK Lakshmi Cement to report net profit at Rs. 66.7 crore up 385.1% year-on-year (up 54.2% quarter-on-quarter).

Net Sales are expected to increase by 5.5 percent Y-o-Y (down 16.9 percent Q-o-Q) to Rs. 974.5 crore, according to Prabhudas Lilladher.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 79.8 percent Y-o-Y (up 28.6 percent Q-o-Q) to Rs. 168.8 crore.

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