Jan 13, 2017 04:38 PM IST IST | Source: Moneycontrol.com

J K Cement Q3 PAT may dip 27.2% to Rs 29.8 cr: Edelweiss

Net Sales are expected to decrease by 8.4 percent Q-o-Q (up 9.2 percent Y-o-Y) to Rs 986.2 crore, according to Edelweiss.

Edelweiss has come out with its third quarter (October-December) earnings estimates for the Cement sector. The brokerage house expects J K Cement to report net profit at 29.8 crore down 27.2% quarter-on-quarter.

Net Sales are expected to decrease by 8.4 percent Q-o-Q (up 9.2 percent Y-o-Y) to Rs 986.2 crore, according to Edelweiss.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 10.3 percent Q-o-Q (up 12.8 percent Y-o-Y) to Rs 142.6 crore.

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