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Kansai Nerolac Q4 PAT may dip 13.9% YoY to Rs. 110 cr: ICICI Direct

Net Sales are expected to increase by 7 percent Y-o-Y (down 15.9 percent Q-o-Q) to Rs. 1,424 crore, according to ICICI Direct.

April 14, 2022 / 11:33 AM IST
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ICICI Direct has come out with its fourth quarter (January-March’ 22) earnings estimates for the Consumer Discretionary sector. The brokerage house expects Kansai Nerolac to report net profit at Rs. 110 crore down 13.9% year-on-year (down 16.9% quarter-on-quarter).

Net Sales are expected to increase by 7 percent Y-o-Y (down 15.9 percent Q-o-Q) to Rs. 1,424 crore, according to ICICI Direct.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 11.1 percent Y-o-Y (down 13.9 percent Q-o-Q) to Rs. 180.8 crore.

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