Moneycontrol
Oct 12, 2017 04:03 PM IST | Source: Moneycontrol.com

Ambuja Cement Q2 PAT seen up 58% YoY to Rs. 274.9 cr: ICICI Securities

Net Sales are expected to increase by 13.7 percent Y-o-Y (down 19.3 percent Q-o-Q) to Rs. 2279.7 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 Ambuja Cement to report net profit at Rs. 274.9 crore up 58% year-on-year (down 29.9 quarter-on-quarter).


Net Sales are expected to increase by 13.7 percent Y-o-Y (down 19.3 percent Q-o-Q) to Rs. 2279.7 crore, according to ICICI Securities.


Earnings before interest, tax, depreciation and amortization (EBITDA) are likely to rise by 28 percent Y-o-Y (down 40.4 percent Q-o-Q) to Rs. 387.9 crore.


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