Net Sales are expected to decrease by 12.4 percent Y-o-Y (down 12.4 percent Q-o-Q) to Rs. 4,649 crore, according to ICICI Direct.
ICICI Direct has come out with its second quarter (July-September’ 18) earnings estimates for the Metals & Mining sector. The brokerage house expects Hindustan Zinc to report net profit at Rs. 1,601.1 crore down 37.1% year-on-year (down 16.5% quarter-on-quarter).
Net Sales are expected to decrease by 12.4 percent Y-o-Y (down 12.4 percent Q-o-Q) to Rs. 4,649 crore, according to ICICI Direct.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 25.2 percent Y-o-Y (down 16.7 percent Q-o-Q) to Rs. 2,261.1 crore.
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