Sagar Cements Q2 PAT to Rs. 43.5 cr: ICICI Direct

ICICI Direct has come out with its second quarter (July-September 20) earnings estimates for the Cement sector. The brokerage house expects Sagar Cements to report net profit at Rs. 43.5 crore (up 20.8% quarter-on-quarter).

Net Sales are expected to increase by 20.3 percent Y-o-Y (up 20.8 percent Q-o-Q) to Rs. 319 crore, according to ICICI Direct.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 132.2 percent Y-o-Y (up 13.1 percent Q-o-Q) to Rs. 98.4 crore.

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