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Last Updated : Jul 16, 2019 05:02 PM IST | Source: Moneycontrol.com

Star Cement (Conso) Q1 PAT may dip 11.3% YoY to Rs. 80.1 cr: HDFC Securities

Net Sales are expected to decrease by 8.5 percent Y-o-Y (down 11.4 percent Q-o-Q) to Rs. 473.7 crore, according to HDFC Securities.

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HDFC Securities has come out with its first quarter (April-June’ 19) earnings estimates for the Cement sector. The brokerage house expects Star Cement (Conso) to report net profit at Rs. 80.1 crore down 11.3% year-on-year (down 10.8% quarter-on-quarter).


Net Sales are expected to decrease by 8.5 percent Y-o-Y (down 11.4 percent Q-o-Q) to Rs. 473.7 crore, according to HDFC Securities.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 13.1 percent Y-o-Y (down 9.8 percent Q-o-Q) to Rs. 114.4 crore.


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First Published on Jul 16, 2019 05:02 pm
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