Emkay has come out with its second quarter (July-September’ 19) earnings estimates for the Agri Input & Chemicals sector. The brokerage house expects Dhanuka Agritech to report net profit at Rs. 50.6 crore down 8.1% year-on-year (up 242.1% quarter-on-quarter).
Net Sales are expected to increase by 6 percent Y-o-Y (up 85.6 percent Q-o-Q) to Rs. 406.4 crore, according to Emkay.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 12 percent Y-o-Y (up 233.3 percent Q-o-Q) to Rs. 66.5 crore.
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