Net Sales are expected to increase by 5.8 percent Y-o-Y (up 27.4 percent Q-o-Q) to Rs. 2,964.1 crore, according to ICICI Direct.
ICICI Direct has come out with its second quarter (July-September 20) earnings estimates for the Cement sector. The brokerage house expects Shree Cement to report net profit at Rs. 387.3 crore up 25.3% year-on-year (up 4.5% quarter-on-quarter).
Net Sales are expected to increase by 5.8 percent Y-o-Y (up 27.4 percent Q-o-Q) to Rs. 2,964.1 crore, according to ICICI Direct.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 0.3 percent Y-o-Y (up 20.1 percent Q-o-Q) to Rs. 841.3 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.
M3 Summary:
Tags: