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    HomeNewsBusinessEarningsDalmia Bharat Q2 PAT seen down 28.7% to Rs 67 cr: Kotak Sec.

    Dalmia Bharat Q2 PAT seen down 28.7% to Rs 67 cr: Kotak Sec.

    Net Sales are expected to decrease by 11 percent Q-o-Q (up 12.4 percent Y-o-Y) to Rs 1571.1 crore, according to Kotak Securities.

    October 13, 2016 / 18:24 IST
     
     
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    Kotak Securities has come out with its second quarter (July-September) earnings estimates for the Cement sector. The brokerage house expects Dalmia Bharat to report net profit at Rs 67 crore, down 28.7 percent quarter-on-quarter.

    Net Sales are expected to decrease by 11 percent Q-o-Q (up 12.4 percent Y-o-Y) to Rs 1571.1 crore, according to Kotak Securities.

    Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 16.5 percent Q-o-Q (up 47.1 percent Y-o-Y) to Rs 414.6 crore.
    Kotak Securities' report on Dalmia BharatWe expect realizations to increase by Rs8/bag qoq aided by higher prices in south and east markets. The benefit of improved realizations to will be partially offset by higher pet-coke costs.We expect 13% yoy volume growth, led by ramp-up of capacities in east and northeast markets.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.

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    first published: Oct 13, 2016 06:24 pm

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