Net Sales are expected to decrease by 1.6 percent Y-o-Y (up 0.2 percent Q-o-Q) to Rs. 10,849.5 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 Hindalco to report net profit at Rs. 355 crore down 5% year-on-year (up 15% quarter-on-quarter).
Net Sales are expected to decrease by 1.6 percent Y-o-Y (up 0.2 percent Q-o-Q) to Rs. 10,849.5 crore, according to ICICI Direct.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 10.1 percent Y-o-Y (up 8.1 percent Q-o-Q) to Rs. 1,179.3 crore.
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