Moneycontrol
Apr 18, 2017 06:23 PM IST | Source: Moneycontrol.com

India Cements Q4 PAT may dip 84.1% to Rs 5.6 cr: Motilal Oswal

Net Sales are expected to decrease by 1.1 percent Q-o-Q (up 9.4 percent Y-o-Y) to Rs 1254.4 crore, according to Motilal Oswal. India Cements to report net profit at 5.6 crore down 84.1% quarter-on-quarter.

 
 
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Motilal Oswal has come out with its fourth quarter (January-March) earnings estimates for the Cement sector. The brokerage house expects India Cements to report net profit at 5.6 crore down 84.1% quarter-on-quarter.


Net Sales are expected to decrease by 1.1 percent Q-o-Q (up 9.4 percent Y-o-Y) to Rs 1254.4 crore, according to Motilal Oswal.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 28.7 percent Q-o-Q (down 36.4 percent Y-o-Y) to Rs 134.4 crore.

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