Shree Cement Q4 PAT seen up 2% YoY to Rs. 557.2 cr: Prabhudas Lilladher

The analysts also pointed out that the capacity size of the newly acquired plant is too small to have an impact on trade pricing.

Prabhudas Lilladher has come out with its fourth quarter (January-March’ 24) earnings estimates for the Cement sector. The brokerage house expects Shree Cement to report net profit at Rs. 557.2 crore up 2% year-on-year (down 24.1% quarter-on-quarter).

Net Sales are expected to increase by 1.9 percent Y-o-Y (down 0.5 percent Q-o-Q) to Rs. 4,875.4 crore, according to Prabhudas Lilladher.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 25.6 percent Y-o-Y (down 9.1 percent Q-o-Q) to Rs. 1,120.8 crore.

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