For Shree Cement, CNBC-TV18 poll is looking at a growth of close to around 4.50 percent on the topline. That is going to be driven only by volumes.
Shree Cement will deliver one of the best volume growth in this results season so far. CNBC-TV18 poll is working with volume growth of close to around 13-15 percent, our poll threw up a number closer to around 6.50 million tonne.
Realisations will see de-growth while volumes will see big growth. In terms of the operating profit, it is expected to come in lower by close to around 2.50 percent thereabouts.
Margins will get a compression of close to 200 basis points that is because realisations are lower and variable cost will spike up as well.
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(Edited by : Bivekananda Biswas)
First Published:Nov 10, 2020 4:14 PM IST