Net Sales are expected to increase by 7 percent Y-o-Y (down 14.8 percent Q-o-Q) to Rs. 1,305.6 crore, according to HDFC Securities.
HDFC Securities has come out with its first quarter (April-June’ 19) earnings estimates for the Cement sector. The brokerage house expects Ramco Cement to report net profit at Rs. 171.1 crore up 36.9% year-on-year (up 1.6% quarter-on-quarter).
Net Sales are expected to increase by 7 percent Y-o-Y (down 14.8 percent Q-o-Q) to Rs. 1,305.6 crore, according to HDFC Securities.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 28.4 percent Y-o-Y (down 1.2 percent Q-o-Q) to Rs. 321.4 crore.
Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.
Read More
