Ultratech Cement Q3 Preview: PAT may fall 29% YoY; realisations to be lower
Revenue from operations during the third quarter could rise just 1% year-on-year (YoY), according to an average estimate of four brokerages. Profit after tax (PAT) may decline 29% YoY.
EBITDA for the quarter is estimated to decline 14% YoY and operating margins may contract 3.1 pp YoY to 16%.
Ultratech is seeing pricing pressure from peer groups despite having a strong branding and market presence. Analysts also expect lower realizations during the quarter mainly on account of weak white cement and clinker sales.
Here's what to expect from Ultratech Q3
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