ICICI Direct has come out with its fourth quarter (January-March’ 19) earnings estimates for the Others sector. The brokerage house expects Himadri Speciality Chemicals to report net profit at Rs. 75.5 crore up 6% year-on-year (down 10.4% quarter-on-quarter).
Net Sales are expected to increase by 3.9 percent Y-o-Y (down 2.4 percent Q-o-Q) to Rs. 572.5 crore, according to ICICI Direct.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 4.9 percent Y-o-Y (down 1.7 percent Q-o-Q) to Rs. 130.5 crore.
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