Astral Q2 PAT may dip 8.3% YoY to Rs. 99.7 cr: Prabhudas Lilladher

Prabhudas Lilladher has come out with its second quarter (July-Sept’ 26) earnings estimates for the Building Materials sector. The brokerage house expects Astral to report net profit at Rs. 99.7 crore down 8.3 % year-on-year (up 25.9 percent Q-o-Q).

Net Sales are expected to increase by 2.9 percent Y-o-Y (up 3.6 percent Q-o-Q) to Rs. 1,409.9 crore, according to Prabhudas Lilladher.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 0.9 percent Y-o-Y (up 14.6 percent Q-o-Q) to Rs. 211.9 crore.

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