Net Sales are expected to decrease by 16.9 percent Y-o-Y (down 11.6 percent Q-o-Q) to Rs. 3,226 crore, according to Prabhudas Lilladher.
Prabhudas Lilladher has come out with its fourth quarter (January-March’ 19) earnings estimates for the Metals & Mining sector. The brokerage house expects NMDC to report net profit at Rs. 958.3 crore down 13.4% year-on-year (down 39.2% quarter-on-quarter).
Net Sales are expected to decrease by 16.9 percent Y-o-Y (down 11.6 percent Q-o-Q) to Rs. 3,226 crore, according to Prabhudas Lilladher.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 26.4 percent Y-o-Y (down 35 percent Q-o-Q) to Rs. 1,399.5 crore.
Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.
Read More
