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Kotak published his estimates of first-quarter profits (April-June 18) for the sector Cement . The brokerage expects ACC to show a net profit of Rs. 207.8 crore down 35.4% year-on-year (down 15.2% quarter-on-quarter).
Net sales are expected to increase from 8.3% YOY (up 0.9% QoQ) to Rs. 3.587.5 crore, according to Kotak
Earnings before interest, taxes, depreciation and amortization (EBITDA) should fall from 26.7% YoY (down 14.3% QOQ) to Rs. 363.1 crore.
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