Sagar Cements Q4 PAT seen up 3,608.3% YoY to Rs 44.5 cr: YES Securities

YES Securities has come out with its fourth quarter (January-March’ 21) earnings estimates for the Cement and Building Materials sector. The brokerage house expects Sagar Cements to report net profit at Rs 44.5 crore up 3,608.3% year-on-year (down 10.1% quarter-on-quarter).

Net Sales are expected to increase by 35.4 percent Y-o-Y (up 13 percent Q-o-Q) to Rs 411 crore, according to YES Securities.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 890.2 percent Y-o-Y (down 508 percent Q-o-Q) to Rs 97.1 crore.

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