India Cements Q1 PAT seen up 208% at Rs 77cr YoY

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India Cements Q1 PAT seen up 208% at Rs 77cr YoY

India Cements is expected to report a profit after tax of Rs 77 crore in the first quarter of FY12, a growth of 208% as compared to Rs 24.98 crore in the corresponding quarter last fiscal

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India Cements is expected to report a profit after tax of Rs 77 crore in the first quarter of FY12, a growth of 208% as compared to Rs 24.98 crore in the corresponding quarter last fiscal.

Net sales are seen going up by 16% to Rs 1024 crore from Rs 881 crore year-on-year.

EBITDA is likely to go up 99% to Rs 199 crore in the April-June quarter of 2011 versus Rs 100 crore in the year ago period.

EBITDA margin too is seen improving at 19.4% as against 11.4% year-on-year.