Sagar Cement Q3 PAT seen up 130.9% YoY to Rs. 6.6 cr: ICICI Direct

ICICI Direct has come out with its third quarter (October-December’ 18) earnings estimates for the Cement sector. The brokerage house expects Sagar Cement to report net profit at Rs. 6.6 crore up 130.9% year-on-year.

Net Sales are expected to increase by 28.5 percent Y-o-Y (up 24.3 percent Q-o-Q) to Rs. 320.4 crore, according to ICICI Direct.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 24.4 percent Y-o-Y (up 86.4 percent Q-o-Q) to Rs. 39.3 crore.

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