HDFC Securities has come out with its fourth quarter (January-March) earnings estimates for the Cement sector. The brokerage house expects Ramco Cements to report net profit at 160 crore up 2.2% quarter-on-quarter.
Net Sales are expected to increase by 8.1 percent Q-o-Q (down 0.8 percent Y-o-Y) to Rs 1010 crore, according to HDFC Securities.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 9 percent Q-o-Q (down 17.2 percent Y-o-Y) to Rs 290 crore.
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HDFC securities_Cements Metals Mining 4QFY17 Results Preview_Apr 13 2017
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