ACC Q1 PAT seen up 84% YoY to Rs. 498 cr: Arihant Capital

Arihant Capital has come out with its first quarter (April-June’ 21) earnings estimates for the Cement sector. The brokerage house expects ACC to report net profit at Rs. 498 crore up 84% year-on-year (down 11% quarter-on-quarter).

Net Sales are expected to increase by 51 percent Y-o-Y (down 12 percent Q-o-Q) to Rs. 3,795 crore, according to Arihant Capital.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 38 percent Y-o-Y (down 16 percent Q-o-Q) to Rs. 726 crore.

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