Heidelberg Cement Q4 PAT seen up 14.2% YoY to Rs. 58.9 cr: ICICI Direct

Net Sales are expected to increase by 6.9 percent Y-o-Y (up 0.6 percent Q-o-Q) to Rs. 561.7 crore, according to ICICI Direct.

ICICI Direct has come out with its fourth quarter (January-March’ 19) earnings estimates for the Cement sector. The brokerage house expects Heidelberg Cement to report net profit at Rs. 58.9 crore up 14.2% year-on-year (down 1.4% quarter-on-quarter).

Net Sales are expected to increase by 6.9 percent Y-o-Y (up 0.6 percent Q-o-Q) to Rs. 561.7 crore, according to ICICI Direct.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 4.4 percent Y-o-Y (up 1.9 percent Q-o-Q) to Rs. 119.3 crore.

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