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Last Updated : Oct 10, 2019 05:42 PM IST | Source: Moneycontrol.com

Ambuja Cements Q3 PAT seen up 109.4% YoY to Rs. 373.9 cr: Kotak

Net Sales are expected to increase by 2.2 percent Y-o-Y (down 10.3 percent Q-o-Q) to Rs. 2,672.6 crore, according to Kotak.

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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Kotak has come out with its third quarter (July-September’ 19) earnings estimates for the Construction Materials sector. The brokerage house expects Ambuja Cements to report net profit at Rs. 373.9 crore up 109.4% year-on-year (down 9.3% quarter-on-quarter).


Net Sales are expected to increase by 2.2 percent Y-o-Y (down 10.3 percent Q-o-Q) to Rs. 2,672.6 crore, according to Kotak.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 54.3 percent Y-o-Y (down 20.9 percent Q-o-Q) to Rs. 552.7 crore.


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First Published on Oct 10, 2019 05:40 pm
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