Prabhudas Lilladher has come out with its third quarter (October-December’ 20) earnings estimates for the Cement sector. The brokerage house expects Dalmia Bharat to report net profit at Rs. 240 crore up 825.2% year-on-year (down 4.3% quarter-on-quarter).
Net Sales are expected to increase by 19.5 percent Y-o-Y (up 19.9 percent Q-o-Q) to Rs. 24,180 crore, according to Prabhudas Lilladher.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 51.3 percent Y-o-Y (down 1.5 percent Q-o-Q) to Rs. 4,570 crore.
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