The Ramco Cements Q3 PAT seen up 143.5% YoY to Rs. 992 cr: Prabhudas Lilladher

Prabhudas Lilladher has come out with its third quarter (October-December’ 20) earnings estimates for the Cement sector. The brokerage house expects The Ramco Cements to report net profit at Rs. 992 crore up 143.5% year-on-year (up 2.4% quarter-on-quarter).

Net Sales are expected to increase by 17.3 percent Y-o-Y (up 22.7 percent Q-o-Q) to Rs. 12,728 crore, according to Prabhudas Lilladher.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 126.2 percent Y-o-Y (up 11.3 percent Q-o-Q) to Rs. 1,977 crore.

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