Net Sales are expected to increase by 7.4 percent Y-o-Y (down 4.7 percent Q-o-Q) to Rs. 3,559.1 crore, according to ICICI Direct.
ICICI Direct has come out with its third quarter (July-September’ 18) earnings estimates for the Cement sector. The brokerage house expects ACC to report net profit at Rs. 262.8 crore down 18.3% year-on-year (down 1.3% quarter-on-quarter).
Net Sales are expected to increase by 7.4 percent Y-o-Y (down 4.7 percent Q-o-Q) to Rs. 3,559.1 crore, according to ICICI Direct.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 14.6 percent Y-o-Y (down 10.6 percent Q-o-Q) to Rs. 423 crore.
Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.
Read More
