KR Choksey has come out with its fourth quarter (January-March) earnings estimates for the Cement sector. The brokerage house expects India Cements to report net profit at 40.4 crore up 14.4
KR Choksey has come out with its fourth quarter (January-March) earnings estimates for the Cement sector. The brokerage house expects India Cements to report net profit at 40.4 crore up 14.4% quarter-on-quarter.
Net Sales are expected to increase by 4.7 percent Q-o-Q (up 1.5 percent Y-o-Y) to Rs 1331.2 crore, according to KR Choksey.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 3 percent Q-o-Q (down 9.6 percent Y-o-Y) to Rs 197.3 crore.