Sudarshan Chemicals Q4 PAT may dip 14.1% YoY to Rs. 45.9 cr: ICICI Direct

Sudarshan Chemical Industries | Company reported profit at Rs 30.33 crore in Q2FY21 against Rs 46.2 crore, revenue rose to Rs 428.9 crore from Rs 424.85 crore YoY. (Image: Moneycontrol)

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ICICI Direct has come out with its fourth quarter (January-March’ 22) earnings estimates for the Chemicals sector. The brokerage house expects Sudarshan Chemicals to report net profit at Rs. 45.9 crore down 14.1% year-on-year (up 26.1% quarter-on-quarter).

Net Sales are expected to increase by 20.3 percent Y-o-Y (up 15.2 percent Q-o-Q) to Rs. 693.4 crore, according to ICICI Direct.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 0.9 percent Y-o-Y (up 17.3 percent Q-o-Q) to Rs. 86.7 crore.

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