Sharekhan has come out with its second quarter (July-September’ 18) earnings estimates for the Cement sector. The brokerage house expects India Cement to report net profit at Rs. 19 crore down 19.4% year-on-year (down 9.3% quarter-on-quarter).
Net Sales are expected to increase by 6.4 percent Y-o-Y (down 0.8 percent Q-o-Q) to Rs. 1,350 crore, according to Sharekhan.
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