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UltraTech Cement Q1 PAT seen up 80.9% YoY to Rs. 1,457.3 cr: ICICI Direct

Net Sales are expected to increase by 54.9 percent Y-o-Y (down 18.2 percent Q-o-Q) to Rs. 11,423.5 crore, according to ICICI Direct.

July 13, 2021 / 12:34 PM IST
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ICICI Direct has come out with its first quarter (April-June’ 21) earnings estimates for the Cement sector. The brokerage house expects UltraTech Cement to report net profit at Rs. 1,457.3 crore up 80.9% year-on-year (down 18% quarter-on-quarter).

Net Sales are expected to increase by 54.9 percent Y-o-Y (down 18.2 percent Q-o-Q) to Rs. 11,423.5 crore, according to ICICI Direct.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 49.4 percent Y-o-Y (down 16.8 percent Q-o-Q) to Rs. 2,920.9 crore.

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