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The company's focus will be on value-added products and innovative products, says Dilip Gaur, MD of Grasim Industries.
According to a CNBC-TV18 poll, its operating profit may fall 5 percent at Rs 436 crore in Q4FY16 versus Rs 460.3 crore and operating profit margins may stand at 18.9 percent versus 19.6 percent year-on-year.
Topline may be aided by higher viscose staple fibre (VSF) volumes & realisations. VSF volumes may grow on the back of commissioning of the new capacity at Vilayat plant.
Profit may be supported by higher other income via dividend. Topline may be aided by higher viscose staple fibre (VSF) volumes that may increase on commissioning of new capacity at Vilayat plant. Realisations could see some improvement sequentially.
Topline may be aided by higher viscose staple fibre (VSF) volumes and realisations. VSF volumes may grow on the back of commissioning of the new capacity while realisations are estimated to stay flattish with positive bias.
Grasim Industries' standalone profit is expected to fall 12 percent year-on-year to Rs 114 crore, according to the average of estimates of analysts polled by CNBC-TV18. Lower realisation in viscose staple fibre (VSF) may impact profitability.
Grasim Industries' third quarter standalone profit after tax is expected to increase 2 percent year-on-year to Rs 128 crore, according to the average of estimates of analysts polled by CNBC-TV18.
Grasim Industries' earnings beat street expectations on every front.
Total income from operations is seen rising 7 percent to Rs 1,520 crore in the quarter ended September 2014 compared to Rs 1,421.44 crore in corresponding quarter of last fiscal driven by volumes (due to capacity expansion).
According to Kotak Securities, Grasim Industries' revenues are expected to decrease by 11.7 percent Q-o-Q (down 7.1 percent Y-o-Y) to Rs 6085.5 crore.
Kotak Securities expects Grasim to report a 24.2 percent degrowth quarter-on-quarter (down 13.7 percent year-on-year) in net profit at Rs 619.6 crore.
Motilal Oswal expects Grasim to report a 27.2 percent degrowth quarter-on-quarter (down 43.2 percent year-on-year) in net profit at Rs 154.9 crore.
Fourth quarter earnings of UltraTech Cement have been slightly disappointing. Brokerage firm JP Morgan warns that the company is currently facing headwinds as demand is likely to remain weak in the near term, essentially on a weak industry environment affecting cement prices and volumes.
Motilal Oswal has come out with its earnings estimates on cement sector for December quarter FY13. The research firm expects moderate growth in cement demand in 3QFY13, impacted by a delayed festive season and continued sluggishness in housing and infrastructure.
Cement demand continues to recover, with volumes likely to grow ~11% YoY (~15.5% QoQ) in 4QFY12.
Pricing pressure and low demand from the real estate sector continues to plague the cement sector even in the July-September quarter squeezing toplines of cement majors, say analysts
Motilal Oswal has come out with its earning estimates on Cement sector for the quarter ended September 2011. According to the research firm, Grasim Industries September quarter net revenue is expected to go up by 13.9% at Rs 1061.9 crore, year-on-year, YoY basis.
Sharekhan has come out with its earning estimates on Cement sector for the quarter ended June 2011. According to the research firm, Grasim June quarter net sales expected to go up by 12.7% at Rs 5,697.6 crore, year-on-year, (YoY) basis.
Grasim Industries has declared its fourth quarter results. The company's Q4 consolidated net profit was up 32% at Rs 865 crore versus Rs 655 crore, year-on-year, YoY.
Grasim Industries is set to report fourth quarter consolidated profit after tax of Rs 639 crore, up 27% as compared to Rs 502 crore in previous quarter.
Emkay Global Financial Services has come out with its earning estimates on cement sector for the quarter ended March 2011. According to the research firm, Grasim Industries quarter sales are expected to go up by 25% at Rs 1383.7 crore, year-on-year, (YoY) basis.
Motilal Oswal has come out with its earning estimates on cement sector for the quarter ended March 2011. According to the research firm, Grasim Industries quarter sales are expected to go up by 31.4% at Rs 1450.4 crore, year-on-year, (YoY) basis.
Grasim Industries is to announce its third quarter results. According to CNBC-TV18’s estimates, the company’s revenues are seen up 13% to Rs 5014.82 crore versus Rs 4438.97 crore.
Angel Broking has come out with its earning estimates on Cement sector for the quarter ended December 2010. According to the research firm, Grasim Industries quarter sales are expected to go up by 3% at Rs 4987 crore, Year-on-Year, (YoY) basis.
Karvy Stock Broking has come out with its earning estimates on cement sector for the quarter ended December 2010. According to the research firm, Grasim Industries December quarter sales are expected to go up by 4% at Rs 4980.7 crore, Year-on-Year, (YoY) basis.