Net Sales are expected to increase by 16 percent Y-o-Y (down 6.2 percent Q-o-Q) to Rs. 9,689.8 crore, according to Prabhudas Lilladher.
Prabhudas Lilladher has come out with its first quarter (April-June’ 19) earnings estimates for the Cement sector. The brokerage house expects UltraTech Cement to report net profit at Rs. 1,320.9 crore up 120.7% year-on-year (up 29.8% quarter-on-quarter).
Net Sales are expected to increase by 16 percent Y-o-Y (down 6.2 percent Q-o-Q) to Rs. 9,689.8 crore, according to Prabhudas Lilladher.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 72.9 percent Y-o-Y (up 22 percent Q-o-Q) to Rs. 2,497.4 crore.
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