Sharekhan has come out with its second quarter (July-September’ 19) earnings estimates for the Cement/Infra/Building Materials sector. The brokerage house expects Supreme Industries to report net profit at Rs. 84 crore down 21.6% year-on-year (down 3.5% quarter-on-quarter).
Net Sales are expected to decrease by 2.9 percent Y-o-Y (down 11.1 percent Q-o-Q) to Rs. 1,278 crore, according to Sharekhan.
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