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Shree Cements’ Q1FY21 today: Here’s what to expect

Updated : August 10, 2020 10:42 AM IST

Shree Cements' will announce its Q1FY21 numbers on Monday amid the sector suffering from the demand slowdown due to the novel coronavirus induced lockdown.

Here's what the street is expecting from the cement major on the earnings front today:
  • Key Expectations  Volumes to drop 20% YoY vs 30%+ for the overall industry. Volumes to decline due to favourable North/East market. Volumes to drop die to no exposure to demand-hit South market. Realisations expected to raise approx 2% (YoY).
  • EBITDA Margins Factors Lower volumes will increase fixed costs. Higher realisations. Falling P&F costs led by a correction in petcoke prices.
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