Here’s what to expect from Ambuja Cements Q4
Cement major Ambuja Cements is likely to report healthy growth in its core earnings with net profit likely to grow up to 38% year-on-year. Meanwhile, net sales are seen rising upto 13% year-on-year.Sales volume to increase 11% year-on-year, while realization is estimated to decline 1% year-on-year and 3% quarter-on-quarter on account of price cuts during the quarter
“We expect variable cost per tonne to decline 5% year-on-year and 7% quarter-on-quarter. Meanwhile, opex per tonne is expected to decline 2% year-on-year and 4% quarter-on-quarter. Other income to increase 7% year-on-year due to higher cash balance,” said Motilal Oswal.
Meanwhile, Kotak is factoring in volumes of 9.3 million tons during the quarter with strong growth in key markets and ramp-up of Sanghi capacity.
Adani Wilmar Q4 expectations
Analysts expect Adani Wilmar to see a fall in consolidated revenue on a year-on-year basis, but the company is expected to post strong growth in operating profit.
Nuvama estimates revenue to dip 5% year-on-year, while EBITDA might increase by 43% year-on-year.
“We anticipate the edible oils business to contract 9% year-on-year in value terms due to price cuts in edible oil given softer raw material costs. Food and FMCG business is likely to grow 18% (aided by Kohinoor) while industry essentials may stay flat year-on-year,” the brokerage said.
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