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videos | IST

Ultratech Cement Q3FY22 results preview: Street expects weak numbers, topline growth of 3%

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Ultratech Cement is set to report its Q3FY22 results. November was a weak month for all the cement companies. So the Q3FY22 numbers are expected to be a bit weakish. The street is working with a topline growth of 3 percent, the operating profit is expected to come down by around 20 percent and margins should see a compression from around 25 basis points (bps) year-on-year (YoY).

Ultratech Cement is set to report its Q3FY22 results. November was a weak month for all the cement companies. So the Q3FY22 numbers are expected to be a bit weakish. The street is working with a topline growth of 3 percent, the operating profit is expected to come down by around 20 percent and margins should see a compression from around 25 basis points (bps) year-on-year (YoY).
Watch the accompanying video of CNBC-TV18’s Nigel D’Souza for more details.