India Cements Q4 PAT to Rs 65 cr: Sharekhan

Net Sales are expected to increase by 19.2 percent Y-o-Y (up 18.4 percent Q-o-Q) to Rs 1,373 crore, according to Sharekhan.

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April 14, 2021 / 07:00 PM IST

Shree Cement | CARE reaffirmed the credit rating on company's commercial paper as A1+.

 
 
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Sharekhan has come out with its fourth quarter (January-March’ 21) earnings estimates for the Cement sector. The brokerage house expects India Cements to report net profit at Rs 65 crore (up 5.2% quarter-on-quarter).


Net Sales are expected to increase by 19.2 percent Y-o-Y (up 18.4 percent Q-o-Q) to Rs 1,373 crore, according to Sharekhan.


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TAGS: #Brokerage Recos - Sector Report #Brokerage Results Estimates #cement #earnings #India Cements #Result Poll #Sharekhan
first published: Apr 14, 2021 07:00 pm