Net Sales are expected to decrease by 9.7 percent Y-o-Y (down 12.1 percent Q-o-Q) to Rs. 9,312.2 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 Hindalco to report net profit at Rs. 279.4 crore down 28.9% year-on-year (down 32.4% quarter-on-quarter).
Net Sales are expected to decrease by 9.7 percent Y-o-Y (down 12.1 percent Q-o-Q) to Rs. 9,312.2 crore, according to ICICI Direct.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 18.7 percent Y-o-Y (down 14.7 percent Q-o-Q) to Rs. 1,130.4 crore.
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