Ramco Cements Q4 PAT may dip 47.3% YoY to Rs. 113 cr: ICICI Direct

ICICI Direct has come out with its fourth quarter (January-March’ 22) earnings estimates for the Cement sector. The brokerage house expects Ramco Cements to report net profit at Rs. 113 crore down 47.3% year-on-year (up 36.9% quarter-on-quarter).

Net Sales are expected to increase by 5.6 percent Y-o-Y (up 11.1 percent Q-o-Q) to Rs. 1,721.8 crore, according to ICICI Direct.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 40.2 percent Y-o-Y (up 16.4 percent Q-o-Q) to Rs. 268.6 crore.

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