HDFC Securities has come out with its fourth quarter (January-March) earnings estimates for the Cement sector. The brokerage house expects Deccan Cements to report net profit at 10 crore up 3.8% quarter-on-quarter.
Net Sales are expected to increase by 19.4 percent Q-o-Q (up 10.4 percent Y-o-Y) to Rs 160 crore, according to HDFC Securities.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 3.4 percent Q-o-Q (down 20.3 percent Y-o-Y) to Rs 20 crore.
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