Net Sales are expected to increase by 8.8 percent Y-o-Y (up 0.4 percent Q-o-Q) to Rs. 466.2 crore, according to ICICI Direct.
ICICI Direct has come out with its second quarter (July-September’ 18) earnings estimates for the Cement sector. The brokerage house expects Star Cement to report net profit at Rs. 71.6 crore down 33.4% year-on-year (down 30.6% quarter-on-quarter).
Net Sales are expected to increase by 8.8 percent Y-o-Y (up 0.4 percent Q-o-Q) to Rs. 466.2 crore, according to ICICI Direct.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 20.6 percent Y-o-Y (down 20.9 percent Q-o-Q) to Rs. 126.2 crore.
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