Last Updated : Jan 10, 2019 01:01 PM IST | Source: Moneycontrol.com

Ambuja Cement Q4 PAT may dip 2.6% YoY to Rs. 329.7 cr: ICICI Direct

Net Sales are expected to increase by 7.7 percent Y-o-Y (up 11.9 percent Q-o-Q) to Rs. 2,925 crore, according to ICICI Direct.

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Ambuja Cement | MFs' holdings each quarter: Sep - 5.19%, June - 5.17%, March - 4.84% | FIIs' holdings each quarter: Sep - 17.33%, June - 16.51%, March - 16.45% | YTD loss: 21.07% (Image: Company website)

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ICICI Direct has come out with its fourth quarter (October-December’ 18) earnings estimates for the Cement sector. The brokerage house expects Ambuja Cement to report net profit at Rs. 329.7 crore down 2.6% year-on-year (up 84.6% quarter-on-quarter).

Net Sales are expected to increase by 7.7 percent Y-o-Y (up 11.9 percent Q-o-Q) to Rs. 2,925 crore, according to ICICI Direct.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 2 percent Y-o-Y (up 53.9 percent Q-o-Q) to Rs. 551.4 crore.

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