NIFTY 50

UltraTech Cement Q1 earnings preview: What you should watch out for

Updated : August 08, 2019 09:14 AM IST

UltraTech Cement will be reporting its first-quarter earnings on Thursday and analysts expect the company to report a good set of results this time around.

  • The numbers should look good as has been the case with the majority of cement companies. That is something that the street is expecting.

  • In terms of standalone numbers, the analysts are expecting revenue growth of around 12 percent, driven by pricing as well as volumes.

  • In terms of volumes, the street is working with a growth of around 5 percent, around 18.4-18.5 million tonnes.

  • Besides that, sharp price increases across most of the regions by UltraTech Cement will help deliver the double-digit growth on the top line.

  • Operating profit should jump up by more than 45 percent, margins will expand to close to around 24-25 percent.
primo org
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more
Live TV