ICICI Direct has come out with the estimated third quarter income (October-December ’21) for the cement sector. The broker’s house expects Ultratech semen to report a net profit in the hospital. 1,216 Crore fell 21.6% year-on-year (down 6.5% quarters in the quarter).
Net sales are expected to increase by 5.6 percent y-o-y (up 8.1 percent Q-O-Q) to the hospital. 12,489 Crore, according to ICICI Direct.
Income before interest, tax, depreciation and amortization (EBITDA) tend to fall 16.1 percent y-o-y (down 5 percent Q-O-Q) to the hospital. 2.471.2 Crore.