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Tata Chemical Q3 PAT seen up 64.3% YoY to Rs. 264.3 cr: ICICI Direct

Tata Chemical Q3 PAT seen up 64.3% YoY to Rs. 264.3 cr: ICICI Direct

ICICI Direct has pop out with its 1/3 quarter (October-December’ 21) profits estimates for the Chemicals sector. The brokerage residence expects Tata Chemical to record internet income at Rs. 264.three crore up 64.three% year-on-year (up 26.three% quarter-on-quarter).

Net Sales are anticipated to growth via way of means of sixteen percentage Y-o-Y to Rs. three,022.nine crore, in line with ICICI Direct.

Earnings earlier than interest, tax, depreciation and amortisation (EBITDA) are in all likelihood to upward push via way of means of 15.1 percentage Y-o-Y (up 8.four percentage Q-o-Q) to Rs. 543.1 crore.

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