Moneycontrol
Oct 12, 2017 04:00 PM IST | Source: Moneycontrol.com

ACC Q2 PAT seen up 75.7% YoY to Rs. 144.1 cr: ICICI Securities

Net Sales are expected to increase by 15.8 percent Y-o-Y (down 13.5 percent Q-o-Q) to Rs. 2864.5 crore, according to ICICI Securities.

 
 
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ICICI Securities has come out with its first quarter (April-June) earnings estimates for the Cement sector. The brokerage house expects ACC to report net profit at 144.1 crore up 75.7% year-on-year (down 55.8 quarter-on-quarter).


Net Sales are expected to increase by 15.8 percent Y-o-Y (down 13.5 percent Q-o-Q) to Rs. 2864.5 crore, according to ICICI Securities.


Earnings before interest, tax, depreciation and amortization (EBITDA) are likely to rise by 27.4 percent Y-o-Y (down 45.3 percent Q-o-Q) to Rs. 348.6 crore.


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