Ambuja Cements has high exposure to West and North India. Sales volumes may fall 7 percent to 5.1 million tonnes from 5.5 million tonnes due to weakness in cement demand (on cash crisis) through the quarter
Nestlé's profit is seen rising 24 percent year-on-year to Rs 227.5 crore and revenue may increase 15.5 percent to Rs 2,263 crore in the quarter ended December 2016, according to average of estimates of analysts polled by CNBC-TV18.
"In line with the government‘s make in India initiative, the company has been consistently investing to deepen footprint in the country, innovating and deploying global technology for domestic and international markets," ABB said.
"We continue to deliver solid broad-based growth on the back of Shrink IT, Grow Digital Strategy. We exit 2016 with a run-rate that puts company in pole position for a double digit growth in 2017," R Srikrishna, CEO and Executive Director said.
Cement major ACC's fourth quarter profit is expected to fall 43 percent year-on-year to Rs 58 crore and revenue may decline 10 percent to Rs 2,615 crore due to weak volumes and realisations.