YES Securities has come out with its fourth quarter (January-March ’21) earnings estimates for the cement and building materials sector. The brokerage house expects Greenpanel Industries to register a net profit of Rs 38.3 crore, up 403.9% year-on-year (38.6% quarter-on-quarter).
According to Yes Securities, net sales are expected to grow by 52.8 percent Y-o-Y (14.7 percent Q-o-Q) to Rs 363.4 crore.
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Earnings before interest, tax, depreciation and amortization (EBITDA) are expected to increase by 352.8 percent Y-o-Y (103.6 percent Q-o-Q) to Rs 82.2 crore.
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