Motilal Oswal has come out with its third quarter (October-December) earnings estimates for the Cement sector. The brokerage house expects Ramco Cement to report net profit at 140.9 crore down 31.9% quarter-on-quarter.
Net Sales are expected to decrease by 8.5 percent Q-o-Q (up 14.1 percent Y-o-Y) to Rs 926.4 crore, according to Motilal Oswal.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 24.8 percent Q-o-Q (up 7.4 percent Y-o-Y) to Rs 262.7 crore.
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