Prabhudas Lilladher has come out with its first quarter (April-June’ 19) earnings estimates for the Cement sector. The brokerage house expects The Ramco Cement to report net profit at Rs. 198.6 crore up 58.9% year-on-year (up 14.7% quarter-on-quarter).
Net Sales are expected to increase by 14.7 percent Y-o-Y (down 10.9 percent Q-o-Q) to Rs. 1,360.3 crore, according to Prabhudas Lilladher.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 56.6 percent Y-o-Y (up 6.1 percent Q-o-Q) to Rs. 338.8 crore.
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PL - Consolidated Earnings Estimates
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