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Prabhudas Lilladher has come out with its fourth quarter (January-March’ 24) earnings estimates for the Metal & Mining sector. The brokerage house expects SAIL to report net profit at Rs. 260 crore down 75.6% year-on-year (down 22.8% quarter-on-quarter).
Net Sales are expected to decrease by 5.9 percent Y-o-Y (up 17.4 percent Q-o-Q) to Rs. 27,410 crore, according to Prabhudas Lilladher.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 30.2 percent Y-o-Y (down 5 percent Q-o-Q) to Rs. 2,030 crore.
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