Ultratech Q2 PAT seen up 80.4% YoY to Rs. 705 cr: Sharekhan

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Net Sales are expected to increase by 8 percent Y-o-Y (down 13.4 percent Q-o-Q) to Rs. 8,485 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 Ultratech to report net profit at Rs. 705 crore up 80.4% year-on-year (down 41.2% quarter-on-quarter).

Net Sales are expected to increase by 8 percent Y-o-Y (down 13.4 percent Q-o-Q) to Rs. 8,485 crore, according to Sharekhan.

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