Greenpanel Inds Q3 PAT seen up 2100% YoY to Rs. 11 cr: Yes Securities
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Yes Securities has come out with its third quarter (October-December' 20) earnings estimates for the Cement sector. The brokerage house expects Greenpanel Inds to report net profit at Rs. 11 crore up 2100% year-on-year (down 40.2% quarter-on-quarter).
Sales are expected to increase by 9.9 percent Y-o-Y (up 15.1 percent Q-o-Q) to Rs. 258.9 crore, according to Yes Securities.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 241.7 percent Y-o-Y (down 339.9 percent Q-o-Q) to Rs. 44.5 crore.
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