Depreciation

JK Cement well placed given cost control, capacity expansion plan – ET Infra

The June 2024 quarter’s financial performance and post earnings’ commentary of mid-sized cement firm JK Cement have reinforced analysts’ optimism about the company’s ability to perform better than its peers. The company’s first quarter numbers were in line with analysts’ estimates. In a quarter where demand was affected due to slow down in construction activities, […]

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Detail-to-earnings ratio of steel cos to remain below 2 times: Crisil – ET Infra

Research firm Crisil Ratings on Monday said it expects the net debt-to-EBITDA ratio of domestic steel manufacturers to stay below the level of 2 times in the financial year 2023-24. The steel makers had reported the ratio of net debt to EBITDA in the range of 1.6-1.7 times in preceding financial year (FY) 2022-23, Crisil

Detail-to-earnings ratio of steel cos to remain below 2 times: Crisil – ET Infra Read More »

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