Moneycontrol
Jan 13, 2017 04:41 PM IST IST | Source: Moneycontrol.com

Shree Cement Q3 PAT may dip 54.2% to Rs 210.3 cr: Edelweiss

Net Sales are expected to decrease by 9.2 percent Q-o-Q (up 11.9 percent Y-o-Y) to Rs 2045.6 crore, according to Edelweiss.


Edelweiss has come out with its third quarter (October-December) earnings estimates for the Cement sector. The brokerage house expects Shree Cement to report net profit at 210.3 crore down 54.2% quarter-on-quarter.


Net Sales are expected to decrease by 9.2 percent Q-o-Q (up 11.9 percent Y-o-Y) to Rs 2045.6 crore, according to Edelweiss.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 23.6 percent Q-o-Q (up 17.7 percent Y-o-Y) to Rs 501.3 crore.

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