Moneycontrol Be a Pro
Get App
Last Updated : Oct 10, 2019 05:50 PM IST | Source: Moneycontrol.com

Shree Cement Q2 PAT seen up 79.1% YoY to Rs. 407.3 cr: Kotak

Net Sales are expected to increase by 10.3 percent Y-o-Y (down 6.1 percent Q-o-Q) to Rs. 2,852 crore, according to Kotak.

Moneycontrol News @moneycontrolcom
 
 
live
  • bselive
  • nselive
Volume
Todays L/H
More

Kotak has come out with its second quarter (July-September’ 19) earnings estimates for the Construction Materials sector. The brokerage house expects Shree Cement to report net profit at Rs. 407.3 crore up 79.1% year-on-year (up 12.2% quarter-on-quarter).


Net Sales are expected to increase by 10.3 percent Y-o-Y (down 6.1 percent Q-o-Q) to Rs. 2,852 crore, according to Kotak.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 85 percent Y-o-Y (up 6.6 percent Q-o-Q) to Rs. 961.5 crore.


Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.




The Great Diwali Discount!
Unlock 75% more savings this festive season. Get Moneycontrol Pro for a year for Rs 289 only.
Coupon code: DIWALI. Offer valid till 10th November, 2019 .
First Published on Oct 10, 2019 05:50 pm
Loading...
NULL int(1)
Sections
Follow us on
Available On
PCI DSS Compliant