Arihant Capital has come out with its third quarter (October-December’ 20) earnings estimates for the Cement sector. The brokerage house expects Shree Digvijay Cement to report net profit at Rs. 18 crore up 91% year-on-year (up 567% quarter-on-quarter).
Net Sales are expected to increase by 34 percent Y-o-Y (up 69 percent Q-o-Q) to Rs. 164 crore, according to Arihant Capital.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 59 percent Y-o-Y (up 210 percent Q-o-Q) to Rs. 31 crore.
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