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Oct 12, 2017 03:57 PM IST | Source: Moneycontrol.com

UltraTech Cement Q2 PAT may dip 41% YoY to Rs. 354.8 cr: ICICI Securities

Net Sales are expected to increase by 19 percent Y-o-Y (down 1.7 percent Q-o-Q) to Rs. 6424.5 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 UltraTech Cement to report net profit at Rs. 354.8 crore down 41% year-on-year (down 60.2 quarter-on-quarter).


Net Sales are expected to increase by 19 percent Y-o-Y (down 1.7 percent Q-o-Q) to Rs. 6424.5 crore, according to ICICI Securities.


Earnings before interest, tax, depreciation and amortization (EBITDA) are likely to rise by 5.5 percent Y-o-Y (down 21.9 percent Q-o-Q) to Rs. 1217.9 crore.


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