February 28, 2024

Prabhudas Lilladher has come out with its third quarter (October-December’ 23) earnings estimates for the Chemicals sector. The brokerage house expects Aarti Industries to report net profit at Rs. 87.8 crore down 35.7% year-on-year (down 4.6% quarter-on-quarter).

Net Sales are expected to decrease by 4.3 percent Y-o-Y (up 9.7 percent Q-o-Q) to Rs. 1,595.5 crore, according to Prabhudas Lilladher.

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Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 12.7 percent Y-o-Y (up 7.7 percent Q-o-Q) to Rs. 252 crore.

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