KR Choksey has come out with its fourth quarter (January-March) earnings estimates for the Cement sector. The brokerage house expects Dalmia Bharat to report net profit at 70.2 crore up 96.6% quarter-on-quarter.
Net Sales are expected to increase by 4.3 percent Q-o-Q (down 5.5 percent Y-o-Y) to Rs 2053 crore, according to KR Choksey.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 5.4 percent Q-o-Q (down 11.5 percent Y-o-Y) to Rs 443.9 crore.
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