Net Sales are expected to increase by 0.3 percent Y-o-Y (down 13.9 percent Q-o-Q) to Rs. 16,461.9 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 Tata Steel to report net profit at Rs. 1,889.2 crore down 25.5% year-on-year (down 24.4% quarter-on-quarter).
Net Sales are expected to increase by 0.3 percent Y-o-Y (down 13.9 percent Q-o-Q) to Rs. 16,461.9 crore, according to Prabhudas Lilladher.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 21 percent Y-o-Y (down 19 percent Q-o-Q) to Rs. 4,006.4 crore.
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