Sharekhan has come out with its third quarter (October-December’ 22) earnings estimates for the Building Materials sector. The brokerage house expects Kajaria Ceramics to report net profit at Rs. 97 crore down 20.7% year-on-year (up 31.6% quarter-on-quarter).
Net Sales are expected to increase by 5.1 percent Y-o-Y (up 4.2 percent Q-o-Q) to Rs. 1,123 crore, according to Sharekhan.
Earnings before interest, tax, depreciation and amortisation (OPM) are likely to fall by 295 percent Y-o-Y (up 225 percent Q-o-Q) to Rs. 14.3 crore.
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