Net Sales are expected to increase by 1.3 percent Y-o-Y (down 5.3 percent Q-o-Q) to Rs. 3,111.2 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 Shree Cement to report net profit at Rs. 529.6 crore up 53.6% year-on-year (up 65% quarter-on-quarter).
Net Sales are expected to increase by 1.3 percent Y-o-Y (down 5.3 percent Q-o-Q) to Rs. 3,111.2 crore, according to Prabhudas Lilladher.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 52.6 percent Y-o-Y (up 17 percent Q-o-Q) to Rs. 992 crore.
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