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Total income from operations is seen going up 7 percent to Rs 1,170 crore in the quarter ended September 2014 compared to Rs 1,093.8 crore in the year-ago period.
N Srinivasan, Vice-Chairman and Managing Director, India Cements, said, “We have performed slightly better than last quarter. EBIDTA has gone up to Rs 146 crores, our volumes are slightly lower but that is because the market was sluggish. With the busy season starting, we hope demand picks upâ€
According to a CNBC-TV18 poll, analysts on an average expect net sales of the company to rise 1 percent year-on-year to Rs 1,137 crore while PAT may fall 64 percent on yearly basis to Rs 17.5 crore in the quarter gone by due to lowe realisation.
Revenues of India Cements are expected to decrease by 13.3 percent Q-o-Q (down 4.4 percent Y-o-Y) to Rs 1,073.2 crore, according to ICICIdirect.com.
Sales of India Cements are expected to decrease by 7.9 percent Q-o-Q (up 1.6 percent Y-o-Y) to Rs 1,140.6 crore, according to Motilal Oswal.
The collapse of prices in Andhra Pradesh affected the overall realization for the quarter
Indian Cements has blamed high interest, depreciation and power costs for a 50 percent dent in Q4 bottomline
India Cements' fourth quarter earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall 6 percent Y-o-Y to Rs 202 crore and operating profit margin is seen declining 250 bps Y-o-Y to 16.8 percent during the quarter.
Angel Broking has come out with its earnings estimates on cement sector for the March quarter FY13. According to the research firm, cement companies top-line to grow by 8.1% yoy. However, margins to remain under pressure.
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.
Angel Broking has come out with its earnings estimates on cement sector for December quarter FY13. The research firm expects top-line to grow by 13.2% yoy and Margins to remain under pressure.
India Cements' profit after tax is expected to grow by 4.7 percent year-on-year to Rs 73 crore in the quarter ended September 2012.
In an interview with CNBC-TV18, VM Mohan, Joint President - Corporate Finance, India Cements said cement realisations have been largely steady in Q1. However, the rise in excise and freight offset the realisation improvement.
The Chennai-based India Cements is going to declare its numbers for the quarter ended June 2012 on Monday. Analysts on an average expect the profit after tax to go down by 13% year-on-year to Rs 89.2 crore, but quarter-on-quarter that is likely to jump 37%.
Angel Broking has come with its earning estimates on Cement sector for June quarter. The research firm expects cement companies June quarter top line to grow by 16.7% yoy; margins to remain healthyare.
Emkay Global Financial Services has come with its earning estimates of cement sector for June quarter. As per the research firm, cement companies Q1FY13 is expected to post revenue growth of +17% yoy as volumes grow 9.5% yoy while realizations are estimated to post growth of +7.3% yoy.
India Cements is likely to report a growth of 67% quarter-on-quarter in its profit after tax of Rs 94.3 crore for the fourth quarter of FY12, according to CNBC-TV18 poll.
Cement demand continues to recover, with volumes likely to grow ~11% YoY (~15.5% QoQ) in 4QFY12.
Angel Broking has come out with its results estimates on cement sector for March FY12. The research firm expects that their cement universe to report an 18.4% yoy improvement in its top line on account of 6.1% growth in dispatches and a substantial improvement in realization.
Emkay Global Financial Services has come out with its March quarterly earning estimates for cement sector. According to the research firm Q4FY12 is expected to post healthy All India cement demand growth of ~9.6%% yoy (7.3% yoy for Emkay universe).
The company witnessed growth in southern markets after seven quarters and realisations in the region remained steady, VM Mohan, joint president - corporate finance of India Cements told CNBC-TV18.
Angel Broking has come with its December quarterly earning estimates for cement sector.
Emkay Global Financial Services has come out with its earning estimates on cement sector for the quarter ended September 2011. According to the research firm, India Cements September quarter net sales are expected to go up by 21% at Rs 1015 crore, year-on-year, (YoY) basis.
PINC Research has come out with its earning estimates on cement sector for the quarter ended September 2011. According to the research firm, India Cement September quarter net revenue is expected to go up by 18.6% at Rs 999.4 crore, year-on-year basis.
India Cements is expected to report a profit after tax of Rs 77 crore in the first quarter of FY12, a growth of 208% as compared to Rs 24.98 crore in the corresponding quarter last fiscal