Moneycontrol
Oct 12, 2017 04:14 PM IST | Source: Moneycontrol.com

Ramco Cement Q2 PAT may dip 34.6% YoY to Rs. 135.3 cr: ICICI Securities

Net Sales are expected to decrease by 2 percent Y-o-Y (down 2.4 percent Q-o-Q) to Rs. 992 crore, according to ICICI Securities.

Ramco Cement Q2 PAT may dip 34.6% YoY to Rs. 135.3 cr: ICICI Securities

ICICI Securities has come out with its second quarter (July-September) earnings estimates for the Cement sector. The brokerage house expects Ramco Cement to report net profit at Rs. 135.3 crore down 34.6% year-on-year (down 13.1% quarter-on-quarter).


Net Sales are expected to decrease by 2 percent Y-o-Y (down 2.4 percent Q-o-Q) to Rs. 992 crore, according to ICICI Securities.


Earnings before interest, tax, depreciation and amortization (EBITDA) are likely to fall by 25.8 percent Y-o-Y (down 9.8 percent Q-o-Q) to Rs. 262 crore.


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