Grasim Industries Q3 PAT may dip 37% to Rs 370 cr: Motilal Oswal

Net Sales are expected to decrease by 0.4 percent Q-o-Q (down 7.2 percent Y-o-Y) to Rs 2479.2 crore, according to Motilal Oswal.

January 16, 2017 / 17:36 IST

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Motilal Oswal has come out with its third quarter (October-December) earnings estimates for the Cement sector. The brokerage house expects Grasim Industries to report net profit at 370.1 crore down 37.5% quarter-on-quarter.

Net Sales are expected to decrease by 0.4 percent Q-o-Q (down 7.2 percent Y-o-Y) to Rs 2479.2 crore, according to Motilal Oswal.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 1.2 percent Q-o-Q (up 22.1 percent Y-o-Y) to Rs 523.8 crore.

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first published: Jan 16, 2017 05:36 pm

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