Day End Prices will be available on InvestorsLounge.com !


Interloop Limited (ILP): 2QFY25 Earnings Preview; reiterate Buy - By JS Research

  • By: JS Global Capital Limited

  • - Published: Thursday, 30 January 2025
ilp1.png
<p></p><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">We preview earnings estimates for Interloop Limited (ILP) for 2QFY25, where we expect the company to report an EPS of Rs0.68, reflecting QoQ improvement in earnings. However, earnings likely to remain under pressure on a YoY basis due to the ongoing ramp-up of its newly commissioned Apparels plant.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Alongside the result, we expect ILP to either announce a token dividend of Rs0.25-Rs0.50/sh., albeit skipping the dividend cannot be ruled out given higher cashflow requirements for ongoing expansions.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">We reiterate our Buy rating for the stock with TP of Rs115, whe...

Similar Reports