Sharekhan has come out with its fourth quarter (January-March’ 21) earnings estimates for the Cement sector. The brokerage house expects Mangalam Cement to report net profit at Rs 27 crore up 75.1% year-on-year (down 27.4% quarter-on-quarter).
Net Sales are expected to increase by 17.3 percent Y-o-Y (up 2.2 percent Q-o-Q) to Rs 348 crore, according to Sharekhan.
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