Moneycontrol
Jan 13, 2017 04:44 PM IST IST | Source: Moneycontrol.com

Ultratech Q3 PAT may dip 34.5% to Rs 393.4 cr: Edelweiss

Net Sales are expected to decrease by 6.2 percent Q-o-Q (down 0.3 percent Y-o-Y) to Rs 5809.4 crore, according to Edelweiss.


Edelweiss has come out with its third quarter (October-December) earnings estimates for the Cement sector. The brokerage house expects Ultratech to report net profit at 393.4 crore down 34.5% quarter-on-quarter.


Net Sales are expected to decrease by 6.2 percent Q-o-Q (down 0.3 percent Y-o-Y) to Rs 5809.4 crore, according to Edelweiss.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 24.8 percent Q-o-Q (down 22.6 percent Y-o-Y) to Rs 868.9 crore.

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