Shree Cement's fourth quarter net profit is seen falling 85 percent year-on-year to Rs 42 crore and revenue is likely to decline 3 percent to Rs 1,600 crore, according to a CNBC-TV18 poll.
The bottomline may be impacted by interest, depreciation and tax costs.
Operating profit may slip 29 percent year-on-year to Rs 310 crore and margin may drop 710 basis points to 19.4 percent in June quarter.
The company follows July-June as its financial year.
Bulk of sales in North India is likely to have worst result owing to weaker price. More than 20 percent year-on-year growth in cement volumes may partly offset by a 15 percent fall in realisations.
Volume growth may be mainly from the recently commissioned Chhatisgarh expansion but depreciation cost is expected to be higher during the quarter due to commissioning of new plants.
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