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Last Updated : Apr 15, 2019 10:45 AM IST | Source: Moneycontrol.com

ACC Q1 PAT seen up 20.6% YoY to Rs. 302 cr: ICICI Direct

Net Sales are expected to increase by 10.5 percent Y-o-Y (up 3.7 percent Q-o-Q) to Rs. 3,929.9 crore, according to ICICI Direct.

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ICICI Direct has come out with its first quarter (January-March’ 19) earnings estimates for the Cement sector. The brokerage house expects ACC to report net profit at Rs. 302 crore up 20.6% year-on-year (down 58.8% quarter-on-quarter).


Net Sales are expected to increase by 10.5 percent Y-o-Y (up 3.7 percent Q-o-Q) to Rs. 3,929.9 crore, according to ICICI Direct.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 20 percent Y-o-Y (up 33.7 percent Q-o-Q) to Rs. 509.3 crore.


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First Published on Apr 15, 2019 10:45 am
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