16 july 2024 Punjab Khabarnama : Emkay has come out with its first quarter (April – June’ 25) earnings estimates for the Cement sector. The brokerage house expects The Ramco Cements to report net profit at Rs 37.1 crore down 53% year-on-year (down 69.4% quarter-on-quarter).
Net Sales are expected to decrease by 5.1 percent Y-o-Y (down 20.5 percent Q-o-Q) to Rs 2,125.9 crore, according to Emkay.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 9.7 percent Y-o-Y (down 26.1 percent Q-o-Q) to Rs 308.4 crore.
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