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Net Sales are expected to decrease by 0.3 percent Y-o-Y (down 15.4 percent Q-o-Q) to Rs. 2,370 crore, according to HDFC Securities.
Demand for cement has been fairly strong in H1 FY19. However, pricing power remains elusive as industry leaders prefer to chase volumes
Dalmia Cement delivered a third consecutive quarter of double-digit volume growth and remains our preferred pick in the sector. We expect it to outperform its peers in the largecap cement space
Net Sales are expected to increase by 7.1 percent Y-o-Y (down 16.4 percent Q-o-Q) to Rs. 2,204.8 crore, according to Kotak.
The industry is looking forward to better capacity utilisation this year, as the demand environment, led by a pick-up in infrastructure and housing, is expected to remain buoyant.
Strong demand in eastern markets should help the company clock double digit volume growth over the course of the current financial year.
While optically, the aggregate earnings may not appear as a shocker, it nevertheless hides underlying weakness and a clear loss of momentum.
Net Sales are expected to increase by 4.3 percent Q-o-Q (down 5.5 percent Y-o-Y) to Rs 2053 crore, according to KR Choksey. Dalmia Bharat to report net profit at 70.2 crore up 96.6% quarter-on-quarter.
Net Sales are expected to increase by 7.4 percent Q-o-Q (down 1.5 percent Y-o-Y) to Rs 1851.8 crore, according to Motilal Oswal. Dalmia Bharat to report net profit at 61.4 crore up 72% quarter-on-quarter.
Net Sales are expected to decrease by 11 percent Q-o-Q (up 12.4 percent Y-o-Y) to Rs 1571.1 crore, according to Kotak Securities.
Net Sales are expected to decrease by 2.5 percent Q-o-Q (up 14.4 percent Y-o-Y) to Rs 1834.3 crore, according to ICICI Securities
Net Sales are expected to decrease by 2.5 percent Q-o-Q (up 14.4 percent Y-o-Y) to Rs 1834.3 crore, according to ICICI Securities