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Last Updated : Apr 15, 2019 10:52 AM IST | Source: Moneycontrol.com

India Cement Q4 PAT seen up 45.4% YoY to Rs. 51.3 cr: ICICI Direct

Net Sales are expected to increase by 4.6 percent Y-o-Y (up 11.1 percent Q-o-Q) to Rs. 1,462.6 crore, according to ICICI Direct.

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ICICI Direct has come out with its fourth quarter (January-March’ 19) earnings estimates for the Cement sector. The brokerage house expects India Cement to report net profit at Rs. 51.3 crore up 45.4% year-on-year (up 1537.9% quarter-on-quarter).


Net Sales are expected to increase by 4.6 percent Y-o-Y (up 11.1 percent Q-o-Q) to Rs. 1,462.6 crore, according to ICICI Direct.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 45.9 percent Y-o-Y (up 71.6 percent Q-o-Q) to Rs. 231.4 crore.


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First Published on Apr 15, 2019 10:52 am
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