Jan 13, 2017 04:35 PM IST IST | Source: Moneycontrol.com

Grasim Industries Q3 PAT may dip 26.4% to Rs 622.7 cr: Edelweiss

Net Sales are expected to decrease by 1.6 percent Q-o-Q (up 1.8 percent Y-o-Y) to Rs 9210.7 crore, according to Edelweiss.

Edelweiss has come out with its third quarter (October-December) earnings estimates for the Cement sector. The brokerage house expects Grasim Industries to report net profit at 622.7 crore down 26.4% quarter-on-quarter.

Net Sales are expected to decrease by 1.6 percent Q-o-Q (up 1.8 percent Y-o-Y) to Rs 9210.7 crore, according to Edelweiss.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 20.7 percent Q-o-Q (down 17.5 percent Y-o-Y) to Rs 1417.2 crore.

Disclaimer:
The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.
Sections
Follow us on
Available On