ACC Q3 PAT may dip 75.2% to Rs 20.8 cr: Edelweiss

Net Sales are expected to decrease by 1.5 percent Q-o-Q (down 14.7 percent Y-o-Y) to Rs 2482.5 crore, according to Edelweiss.
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Jan 13, 2017, 04.22 PM | Source: Moneycontrol.com

ACC Q3 PAT may dip 75.2% to Rs 20.8 cr: Edelweiss

Net Sales are expected to decrease by 1.5 percent Q-o-Q (down 14.7 percent Y-o-Y) to Rs 2482.5 crore, according to Edelweiss.

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ACC Q3 PAT may dip 75.2% to Rs 20.8 cr: Edelweiss

Net Sales are expected to decrease by 1.5 percent Q-o-Q (down 14.7 percent Y-o-Y) to Rs 2482.5 crore, according to Edelweiss.

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Edelweiss has come out with its third quarter (October-December) earnings estimates for the Cement sector. The brokerage house expects ACC to report net profit at 20.8 crore down 75.2% quarter-on-quarter.

Net Sales are expected to decrease by 1.5 percent Q-o-Q (down 14.7 percent Y-o-Y) to Rs 2482.5 crore, according to Edelweiss.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 34.4 percent Q-o-Q (down 36.4 percent Y-o-Y) to Rs 179.2 crore.
 
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