Motilal Oswal has come out with its fourth quarter (January-March’ 21) earnings estimates for the Cement sector. The brokerage house expects ACC to report net profit at Rs. 438 crore up 25.2% year-on-year (up 2% quarter-on-quarter).
Net Sales are expected to increase by 19.1 percent Y-o-Y (up 0.6 percent Q-o-Q) to Rs. 4,169 crore, according to Motilal Oswal.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 23.6 percent Y-o-Y (up 3.4 percent Q-o-Q) to Rs. 723.8 crore.
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