Moneycontrol PRO
Loans
Loans
HomeNewsBusinessEarningsBirla Corp Q1 PAT seen up 73.5% YoY to Rs. 147.9 cr: Nirmal Bang

Birla Corp Q1 PAT seen up 73.5% YoY to Rs. 147.9 cr: Nirmal Bang

Net Sales are expected to increase by 6.6 percent Y-o-Y (down 4.6 percent Q-o-Q) to Rs. 2,350 crore, according to Nirmal Bang.

July 14, 2023 / 12:09 IST
Birla Corp

Birla Corp

 
 
live
  • bselive
  • nselive
Volume
Todays L/H
More

Nirmal Bang has come out with its first quarter (April-June’ 24) earnings estimates for the Cement sector. The brokerage house expects Birla Corp to report net profit at Rs. 147.9 crore up 73.5% year-on-year (up 74.1% quarter-on-quarter).

Net Sales are expected to increase by 6.6 percent Y-o-Y (down 4.6 percent Q-o-Q) to Rs. 2,350 crore, according to Nirmal Bang.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 44.3 percent Y-o-Y (up 36.4 percent Q-o-Q) to Rs. 374.2 crore.

Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

Nirmal bang_Cement

Broker Research
first published: Jul 14, 2023 12:09 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347