Interloop Limited (ILP): 2QFY25 Earnings Preview; reiterate Buy - By JS Research
- Interloop Limited (ILP)
- 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.
- 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.
- We reiterate our Buy rating for the stock with TP of Rs115, whe...
