Madras Cements - 1QFY2014 Result Preview - Angel Broking

Madras Cements is expected to post its 1QFY2014 results today. We expect the top-line to grow by 8.4% yoy to Rs. 1,073cr. OPM is expected to decline by 784bp yoy to 23.2%. Bottom-line is expected to decline by 11.5% yoy to Rs. 109cr. We maintain a Neutral rating on the stock.

Source : Equity Bulls

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