Sharekhan has come out with its second quarter (July-September’ 19) earnings estimates for the Cement/Infra/Building Materials sector. The brokerage house expects Kajaria Ceramics to report net profit at Rs. 69 crore up 27.8% year-on-year (up 34.3% quarter-on-quarter).
Net Sales are expected to increase by 9.1 percent Y-o-Y (up 13 percent Q-o-Q) to Rs. 791 crore, according to Sharekhan.
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