Yes Securities 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. 214.1 crore up 792.1% year-on-year (down 7.7% quarter-on-quarter).
Net Sales are expected to increase by 8.7 percent Y-o-Y (up 9 percent Q-o-Q) to Rs. 2,627.2 crore, according to Yes Securities.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 597.8 percent Y-o-Y (down 425 percent Q-o-Q) to Rs. 653.6 crore.
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