YES Securities has come out with its fourth quarter (January-March’ 21) earnings estimates for the Cement and Building Materials sector. The brokerage house expects Dalmia Bharat to report net profit at Rs 216.7 crore up 885% year-on-year (up 19.1% quarter-on-quarter).
Net Sales are expected to increase by 23.1 percent Y-o-Y (up 7 percent Q-o-Q) to Rs 3,056 crore, according to YES Securities.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 231.2 percent Y-o-Y (down 141.5 percent Q-o-Q) to Rs 695.9 crore.
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