Net Sales are expected to increase by 18.1 percent Y-o-Y (down 2.2 percent Q-o-Q) to Rs. 21,087.9 crore, according to ICICI Direct.
ICICI Direct has come out with its third quarter (October-December’ 18) earnings estimates for the Metals & Mining sector. The brokerage house expects JSW Steel to report net profit at Rs. 1,486 crore down 16.2% year-on-year (down 28.9% quarter-on-quarter).
Net Sales are expected to increase by 18.1 percent Y-o-Y (down 2.2 percent Q-o-Q) to Rs. 21,087.9 crore, according to ICICI Direct.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 7.3 percent Y-o-Y (up 15.8 percent Q-o-Q) to Rs. 4,131.2 crore.
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