Net Sales are expected to decrease by 1.1 percent Y-o-Y (up 1.7 percent Q-o-Q) to Rs. 2,895.9 crore, according to Prabhudas Lilladher.
Prabhudas Lilladher has come out with its second quarter (April-June’ 19) earnings estimates for the Cement sector. The brokerage house expects Ambuja Cement to report net profit at Rs. 424.3 crore down 15% year-on-year (up 9.6% quarter-on-quarter).
Net Sales are expected to decrease by 1.1 percent Y-o-Y (up 1.7 percent Q-o-Q) to Rs. 2,895.9 crore, according to Prabhudas Lilladher.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 9 percent Y-o-Y (up 51.6 percent Q-o-Q) to Rs. 580.2 crore.
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