Motilal Oswal has come out with its fourth quarter (January-March) earnings estimates for the Cement sector. The brokerage house expects ACC to report net profit at 74.9 crore down 17.8% quarter-on-quarter.
Net Sales are expected to increase by 15.8 percent Q-o-Q (up 5.6 percent Y-o-Y) to Rs 3089.9 crore, according to Motilal Oswal.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 13.4 percent Q-o-Q (down 41.2 percent Y-o-Y) to Rs 217.2 crore.
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