Net Sales are expected to increase by 13.2 percent Y-o-Y (up 10.5 percent Q-o-Q) to Rs. 8,589.5 crore, according to ICICI Direct.
ICICI Direct has come out with its third quarter (October-December’ 18) earnings estimates for the Cement sector. The brokerage house expects Ultra Tech Cement to report net profit at Rs. 579 crore up 37.4% year-on-year (up 48.2% quarter-on-quarter).
Net Sales are expected to increase by 13.2 percent Y-o-Y (up 10.5 percent Q-o-Q) to Rs. 8,589.5 crore, according to ICICI Direct.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 20.2 percent Y-o-Y (up 26.3 percent Q-o-Q) to Rs. 1,524.9 crore.
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