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Ramco Cements Q2 PAT seen up 38.2% YoY to Rs. 158.2 cr: ICICI Direct

Net Sales are expected to increase by 5.6 percent Y-o-Y (down 10.4 percent Q-o-Q) to Rs. 1,249.6 crore, according to ICICI Direct.

October 10, 2019 / 12:04 PM IST
 
 
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ICICI Direct has come out with its second quarter (July-September’ 19) earnings estimates for the Cement sector. The brokerage house expects Ramco Cements to report net profit at Rs. 158.2 crore up 38.2% year-on-year (down 5.4% quarter-on-quarter).


Net Sales are expected to increase by 5.6 percent Y-o-Y (down 10.4 percent Q-o-Q) to Rs. 1,249.6 crore, according to ICICI Direct.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 10.8 percent Y-o-Y (down 18 percent Q-o-Q) to Rs. 273.8 crore.


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