Ambuja Cements' third quarter standalone profit is seen rising 41.6 percent year-on-year to Rs 220 crore on strong operational performance, according to average of estimates of analysts polled by CNBC-TV18.
Revenue during the quarter may decline 0.5 percent to Rs 2,100 crore on lower volume YoY.
Sales volume is expected to be marginally negative, down 1 percent year-on-year (down 17 percent QoQ) to 4.76 million tonnes in Q3.
Analysts say blended realisations are expected to be higher by 2/3 percent YoY. During the quarter, central & north prices have increased 7-10 percent YoY, which may be offset by weakness in East and West India.
Ambuja has no exposure to South India where prices are lower YoY but spiked QoQ. It follows January-December as its financial year.
Operating profit (EBITDA - earnings before interest, tax, depreciation and amortisation) is likely to jump 20.9 percent year-on-year to Rs 375 crore and margin may expand 320 basis points to 17.9 percent in the quarter ended September 2016.
Margin expansion may be led by lower energy cost and higher realisation. EBITDA per tonne is seen rising 30 percent YoY but may fall 21 percent QoQ.