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Last Updated : Apr 15, 2019 10:48 AM IST | Source: Moneycontrol.com

Ambuja Cement Q1 PAT seen up 8.5% YoY to Rs. 294.8 cr: ICICI Direct

Net Sales are expected to increase by 4.6 percent Y-o-Y (up 4.6 percent Q-o-Q) to Rs. 2,995.2 crore, according to ICICI Direct.

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Ambuja Cement | MFs' holdings each quarter: Sep - 5.19%, June - 5.17%, March - 4.84% | FIIs' holdings each quarter: Sep - 17.33%, June - 16.51%, March - 16.45% | YTD loss: 21.07% (Image: Company website)
Ambuja Cement | MFs' holdings each quarter: Sep - 5.19%, June - 5.17%, March - 4.84% | FIIs' holdings each quarter: Sep - 17.33%, June - 16.51%, March - 16.45% | YTD loss: 21.07% (Image: Company website)
 
 
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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 Ambuja Cement to report net profit at Rs. 294.8 crore up 8.5% year-on-year (down 45.1% quarter-on-quarter).


Net Sales are expected to increase by 4.6 percent Y-o-Y (up 4.6 percent Q-o-Q) to Rs. 2,995.2 crore, according to ICICI Direct.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 1.7 percent Y-o-Y (up 27.7 percent Q-o-Q) to Rs. 515.8 crore.


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First Published on Apr 15, 2019 10:48 am
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