Prabhudas Lilladher has come out with its second quarter (July-September’ 22) earnings estimates for the Chemicals sector. The brokerage house expects Laxmi Organic Industries to report net profit at Rs. 54.6 crore up 274.9% year-on-year (down 15.8% quarter-on-quarter).
Net Sales are expected to increase by 21.3 percent Y-o-Y (down 2.5 percent Q-o-Q) to Rs. 737.7 crore, according to Prabhudas Lilladher.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 188.4 percent Y-o-Y (down 12.3 percent Q-o-Q) to Rs. 89.1 crore.
Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.
Discover the latest business news, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!