Karvy Stock Broking has come out with its earning estimates on cement sector for the quarter ended December 2010. According to the research firm, Shree Cements December quarter sales are expected to go down by 1.06% to Rs 856.8 crore, Year-on-Year, (YoY) basis.
The company's net profit is expected to go down by 68% at Rs 54.2 crore on YoY basis.
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