Net Sales are expected to decrease by 2.8 percent Y-o-Y (up 4.1 percent Q-o-Q) to Rs. 22,524.6 crore, according to ICICI Direct.
ICICI Direct has come out with its fourth quarter (Jan-March’ 18) earnings estimates for the Metals & Mining sector. The brokerage house expects Coal India to report net profit at Rs. 3,214.2 crore up 18.3% year-on-year (up 7% quarter-on-quarter).
Net Sales are expected to decrease by 2.8 percent Y-o-Y (up 4.1 percent Q-o-Q) to Rs. 22,524.6 crore, according to ICICI Direct.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 40.7 percent Y-o-Y (up 3.2 percent Q-o-Q) to Rs. 4,766.6 crore.
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