Net Sales are expected to decrease by 0.9 percent Y-o-Y (down 9.1 percent Q-o-Q) to Rs. 20,324.3 crore, according to Prabhudas Lilladher.
Prabhudas Lilladher has come out with its first quarter (April-June’ 19) earnings estimates for the Metals & Mining sector. The brokerage house expects JSW Steel to report net profit at Rs. 1,388.7 crore down 41.3% year-on-year (down 8.8% quarter-on-quarter).
Net Sales are expected to decrease by 0.9 percent Y-o-Y (down 9.1 percent Q-o-Q) to Rs. 20,324.3 crore, according to Prabhudas Lilladher.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 20.6 percent Y-o-Y (down 8.8 percent Q-o-Q) to Rs. 4,051.1 crore.
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