At Moneycontrol, the Results page helps you effectively track corporate announcements and results for various listed companies across both India and abroad. With our Results page, you can keep abreast with an updated, comprehensive view of all the profit/loss statements, company spendings, AGM outcomes, and quarterly and annual results from all these listed companies. Additionally, Moneycontrol also regularly tracks international MNCs listed on NASDAQ and Asian bourses, including popular companies like Apple, Google, Alibaba. Apart from finding solid copies of company results, stock movements consequent to these company results, expectations, and analytical post results copies, you will also find copies and articles detailing the earnings, impact, and all major announcements made to media/exchanges by these companies, so that you do not miss anything. We also provide you with concrete data points to help you spot profitable trades, stock build-ups, and bulk deals. At Moneycontrol, we also cover analysts/investors meetings; scrutinise results and data and BSE/NSE reports or news. The copies are not just full of information and data, but are also adequately supplemented with expert views, investor opinions, extensive interviews, videos, and a huge variety of explainers, analyses, and informative slideshows to help you gauge the market and make investment decisions in the best possible manner. More
According to HM Bangur of Shree Cements the weak cement realisations have hurt the company's performance in the quarter gone by. However, he expects EBITDA margin improvement of more than 21 percent going forward.
According to estimates, the growth in cement volumes is likely to be offset by weak pricing. Continued cost inflation along with weak pricing may lead the downslide.
MK Singhi, Executive Director Shree Cements says of the Rs 172 crore net profit this quarter, Rs 74 crore is other income. Though he is hopeful that the coming months will be healthy, so there maybe chances of demand growth and then prices may also rise.
According to Motilal Oswal, Shree Cement to report a 70.8 percent degrowth quarter-on-quarter (down 63.7 percent Y-o-Y) in net profit at Rs 83 crore.
Speaking to CNBC-TV18, Jaspreet Singh Arora, senior analyst - Cement & Construction - Institution Equity, Anand Rathi says apart from UltraTech‘s deal with Jaiprakash Associates for its cement unit, the cement major has good presence in ancillary business too.
The company expects about 90 percent capacity untilisation by June 2014 as it added one more unit last month. It is currently using 80 percent of its capacity
Shree Cement's total income is seen going down by 2 percent to Rs 1,422 crore in June quarter from Rs 1,455 crore reported in a year ago period. Analysts feel the decline in revenues of cement segment will be offset by higher revenues from power sales.
HM Bangur, MD, Shree Cements, says that the company posted its third quarter number where they reported a rise in net profit from Rs 114.3 crore to Rs 274 crore on (Y-o-Y) basis. The revenue of the company also increased to Rs 1471.6 crore on (Y-o-Y) basis.
Shree Cements is to announce its third quarter results today. According to CNBC-TV18's estimates, the company's Q3FY13 revenues are seen up 2 percent at Rs 1510 crore versus Rs 1477.8 crore, year-on-year.
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.
Shree Cements reported a better than expected second quarter performance in the financial year 2012-13 with a 3.67 times rise in net profit to Rs 217 crore. The company‘s net sales grew by 19.4 percent to Rs 1428 crore from Rs 1,195.8 crore during the same period.
Shree Cement is set to announce its results for second quarter of financial year 2012-13 today. Analysts on an average expect profit after tax to grow by 3.2 times year-on-year to Rs 192 crore in the quarter.
Prabhudas Lilladher has come out with its earnings estimates on cement sector for December quarter FY13.
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.
HM Bangur, MD, Shree Cement explains to CNBC-TV18 that improvement in EBITDA margins at 32 percent of revenue was because of an increase in capacity from 70 percent last year to 90 percent currently.
Shree Cement, one of the largest cement producers in north India, is set to declare its results today for the period of three months ended September 2012. Analysts on an average expect the profit after tax to grow by 4.9 times year-on-year to Rs 190 crore in the quarter gone by.
Prabhudas Lilladher has come with its earning estimates on cement sector for June quarter. According to the research firm, all India cement consumption is expected to grow by 10% to ~58m tonnes in the quarter.
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.
HM Bangur, managing director, Shree Cements told CNBC-TV18 that he expects the growth rate to slow down and forecasts a surge in the sale of power
Shree Cement is expected to report a growth 40% year-on-year in its profit after tax at Rs 92.4 crore for the fourth quarter of FY12.
Prabhudas Lilladher has come out with its earnings estimates on cement sector for March quarter FY12. According to the research firm All-India cement consumption is expected to grow by 10% to ~64m tonnes in the quarter.
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.