Sales are expected to decrease by 2 percent Q-o-Q (up 15.3 percent Y-o-Y) to Rs 5715.4 crore, according to ICICIdirect.com.
ICICIdirect.com has come out with its April-June quarter earnings estimates for the cement sector. The brokerage house expects UltraTech Cement to report a 8 percent degrowth quarter-on-quarter (growth of 14.6 percent year-on-year) in net profit at Rs 771.1 crore.
Sales are expected to decrease by 2 percent Q-o-Q (up 15.3 percent Y-o-Y) to Rs 5715.4 crore, according to ICICIdirect.com.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 6.9 percent Q-o-Q (up 16.4 percent Y-o-Y) to Rs 1221.7 crore.
ICICIdirect.com's report on UltraTech Cement:
The blended sales volume is expected to increase 12.5 percent to 11.80 MT in Q1FY15 with better demand in Northern and Western regions. Blended realisation is expected to increase 2.5 percent Y-o-Y to Rs 4,844/tonne. Blended EBITDA/tonne is expected to increase by 3.5 percent Y-o-Y to Rs 1035/tonne.
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UltraTech Q1 PAT may rise 14.6% at Rs 771 cr: ICICIdirect
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