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 Shree Cement to report net profit at Rs 437.5 crore down 24.7% year-on-year (down 33.9% quarter-on-quarter).
Net Sales are expected to decrease by 2.6 percent Y-o-Y (down 4.5 percent Q-o-Q) to Rs 4,870.6 crore, according to Emkay.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 20.7 percent Y-o-Y (down 15.2 percent Q-o-Q) to Rs 1,125.8 crore.
Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.