Sharekhan has come out with its fourth quarter (January-March’ 21) earnings estimates for the Cement sector. The brokerage house expects Shree Cement to report net profit at Rs 696 crore up 18.3% year-on-year (up 11.1% quarter-on-quarter).
Net Sales are expected to increase by 20.1 percent Y-o-Y (up 16.7 percent Q-o-Q) to Rs 3,863 crore, according to Sharekhan.
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