Motilal Oswal has come out with its fourth quarter (January-March’ 21) earnings estimates for the Cement sector. The brokerage house expects Birla Corporation to report net profit at Rs. 182.6 crore down 6.2% year-on-year (up 23.9% quarter-on-quarter).
Net Sales are expected to increase by 14 percent Y-o-Y (up 8.4 percent Q-o-Q) to Rs. 1,926.6 crore, according to Motilal Oswal.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 7.9 percent Y-o-Y (up 3 percent Q-o-Q) to Rs. 372 crore.
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