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Net Sales are expected to increase by 18.7 percent Y-o-Y (up 17.9 percent Q-o-Q) to Rs 1,396.5 crore, according to YES Securities.
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Net Sales are expected to increase by 19.2 percent Y-o-Y (up 18.4 percent Q-o-Q) to Rs 1,373 crore, according to Sharekhan.
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Net Sales are expected to increase by 0.1 percent Y-o-Y (up 14.3 percent Q-o-Q) to Rs. 1,245.8 crore, according to Yes Securities.
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Net Sales are expected to increase by 4.6 percent Y-o-Y (up 11.1 percent Q-o-Q) to Rs. 1,462.6 crore, according to ICICI Direct.
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Net Sales are expected to increase by 15.4 percent Y-o-Y (up 0.9 percent Q-o-Q) to Rs. 1,400.1 crore, according to ICICI Direct.
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Net Sales are expected to increase by 6.4 percent Y-o-Y (down 0.8 percent Q-o-Q) to Rs. 1,350 crore, according to Sharekhan.
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Net Sales are expected to decrease by 5.8 percent Y-o-Y (up 1.2 percent Q-o-Q) to Rs. 1,377 crore, according to ICICI Direct.
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Net Sales are expected to decrease by 5.8 percent Y-o-Y (up 1.2 percent Q-o-Q) to Rs. 1,377 crore, according to ICICI.
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Net Sales are expected to increase by 2.2 percent Y-o-Y (down 5.6 percent Q-o-Q) to Rs. 1,318.9 crore, according to Kotak.
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The industry is looking forward to better capacity utilisation this year, as the demand environment, led by a pick-up in infrastructure and housing, is expected to remain buoyant.
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Net Sales are expected to decrease by 4.4 percent Q-o-Q (up 21.9 percent Y-o-Y) to Rs 1286.5 crore, according to Edelweiss. India Cements to report net profit at 39.1 crore down 11.1% year-on-year.
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Net Sales are expected to decrease by 1.1 percent Q-o-Q (up 9.4 percent Y-o-Y) to Rs 1254.4 crore, according to Motilal Oswal. India Cements to report net profit at 5.6 crore down 84.1% quarter-on-quarter.
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Debt reduction along with strong sales volumes due to better demand from Andhra Pradesh and Telangana likely to help the firm post PAT of RS 38 crore from Rs 5.5 crore a year ago, according to a CNBC-TV18 poll of analysts.
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Net Sales are expected to decrease by 8.8 percent Q-o-Q (up 28.2 percent Y-o-Y) to Rs 1191.9 crore, according to Motilal Oswal.
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Net Sales are expected to increase by 4.4 percent Q-o-Q (up 1.8 percent Y-o-Y) to Rs 1098.2 crore, according to Kotak Securities.
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Sales volume is seen up 8 percent at 2.27 metric tonnes versus 2.10 metric tonnes due to demand pickup in Andhra Pradesh and Telangana markets and low base effect. Volume growth is also due to higher infra spend in Amravathi.
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Net Sales are expected to decrease by 4.4 percent Q-o-Q (up 2.3 percent Y-o-Y) to Rs 1096.2 crore, according to ICICI Securities
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Net Sales are expected to decrease by 4.4 percent Q-o-Q (up 2.3 percent Y-o-Y) to Rs 1096.2 crore, according to ICICI Securities
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N Srinivasan, Managing Director of India Cements expects a good monsoon to trigger the cement sector's growth and says south India region is likely to lead the cement demand rise.
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Sales volume is likely to grow by more than 5 percent on a low base seen in Q4FY15. Weak pricing environment in Andhra Pradesh and Maharashtra may hurt realisations.
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Sales volumes in Q3 are seen lower 10 percent at 1.9 metric tonnes versus 2.11 mt on annual basis. Subdued volume is seen mainly due to dismal demand in Southern markets. Heavy rains in Tamil Nadu will impact India Cement.
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Revenue is seen falling 9 percent year-on-year to Rs 1,120 crore, impacted by lower sales volume that is expected to decline by 13 percent Y-o-Y to 2.25 million tonnes. Realisations may drive topline led by strong pricing trend in the South India.
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Amid generally weak sales performance, sectors that are likely be stronger are IT (14 percent), pharma (12 percent), media & entertainment (12 percent) and retail (10 percent), says Emkay.
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India Cements is expected to turn profitable in March quarter with net at Rs 47 crore against net loss of Rs 30.6 crore in the year-ago period, according to a CNBC-TV18 poll.
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India Cements is expected to report a loss of Rs 10 crore during October-December quarter against net profit of Rs 42 lakh in same quarter last fiscal, according to a CNBC-TV18 poll.
