ACC Q1 net PAT seen down 34% at Rs 276cr: Kotak Securities

Written By Unknown on Rabu, 24 Juli 2013 | 20.08

Jul 24, 2013, 06.09 PM IST

Kotak Securities expects ACC to report a 36.8 percent degrowth quarter-on-quarter (degrowth of 33.8 percent year-on-year) in net profit at Rs 276.6 crore.

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ACC Q1 net PAT seen down 34% at Rs 276cr: Kotak Securities

Kotak Securities expects ACC to report a 36.8 percent degrowth quarter-on-quarter (degrowth of 33.8 percent year-on-year) in net profit at Rs 276.6 crore.

Like this story, share it with millions of investors on M3

ACC Q1 net PAT seen down 34% at Rs 276cr: Kotak Securities

Kotak Securities expects ACC to report a 36.8 percent degrowth quarter-on-quarter (degrowth of 33.8 percent year-on-year) in net profit at Rs 276.6 crore.

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Kotak Securities has come out with its first quarter (April-June) earnings estimates for the cement sector. The brokerage house expects ACC to report a 36.8 percent degrowth quarter-on-quarter (degrowth of 33.8 percent year-on-year) in net profit at Rs 276.6 crore.

Revenues are expected to decrease by 5.8 percent Q-o-Q (down 1.2 percent Y-o-Y) to Rs 2743.5 crore, according to Kotak Securities.

EBITDA margin or operating profit margin is likely to be at 16.8 percent in June quarter as against 15.3 percent in March quarter and 23.4 percent in a year ago period.


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