Cement Q1 Earnings Review - Cost Pressure, Insufficient Price Hike To Hurt Ebitda/Tonne In Q2: Dolat Capital

BQ Prime’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BQ Prime’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..Dolat Capital Report.Our coverage universe of 13 stocks reported revenue of Rs 433.9 billion in Q1 FY23, a growth of 25.0% YoY (down 1.9% QoQ) led volume growth of 16.6% YoY (down 7.1% QoQ) to 75.5 million tonne coupled with blended realisation/tonne growth of 7.2% YoY (up 5.5% QoQ) to Rs 5,750. Ebitda declined sharply by 17.7% YoY (down 7.7% QoQ) to Rs 74.7 billion and blended Ebitda/tonne decreased by 29.4% YoY (down 0.7% QoQ) to Rs 990 due to 20.1% YoY increase in blended cost/tonne to Rs 4,760 (up 6.9% QoQ), which was partially offset by blended realisation growth of 7.2% YoY (up 5.5% QoQ) to Rs 5,750. Accordingly, adjusted profit after tax witnessed sharp de-growth of 22.5% YoY (down 4.6% QoQ) to Rs 37.9 billion in Q1 FY23..Click on the attachment to read the full report:.DISCLAIMERThis report is authored by an external party. BQ Prime does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BQ Prime..Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Cement Q1 Earnings Review - Cost Pressure, Insufficient Price Hike To Hurt Ebitda/Tonne In Q2: Dolat Capital

Cement Q1 Earnings Review - Cost Pressure, Insufficient Price Hike To Hurt Ebitda/Tonne In Q2: Dolat Capital

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