Mangalam Cement Q2 PAT seen to Rs. 28 cr: Sharekhan

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Net Sales are expected to increase by 18.1 percent Y-o-Y (up 2 percent Q-o-Q) to Rs. 340 crore, according to Sharekhan.

Sharekhan has come out with its second quarter (July-September’ 19) earnings estimates for the Cement/Infra/Building Materials sector. The brokerage house expects Mangalam Cement to report net profit at Rs. 28 crore (down 16% quarter-on-quarter).

Net Sales are expected to increase by 18.1 percent Y-o-Y (up 2 percent Q-o-Q) to Rs. 340 crore, according to Sharekhan.

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