Sterlite Q1 PAT seen down 19% at Rs 902.7 cr: Nirmal Bang

Nirmal Bang expects Sterlite Industries to report a 46 percent degrowth quarter-on-quarter (degrowth of 19 percent year-on-year) in net profit at Rs 902.7 crore.

July 24, 2013 / 18:40 IST

26 Aug, 2025 12:21

Volume

Todays L/H

Nirmal Bang has come out with its first quarter (April-June) earnings estimates for the metals sector. The brokerage house expects Sterlite Industries to report a 46 percent degrowth quarter-on-quarter (degrowth of 19 percent year-on-year) in net profit at Rs 902.7 crore.

Revenues are expected to decrease by 43.6 percent Q-o-Q (down 32.9 percent Y-o-Y) to Rs 7145.7 crore, according to Nirmal Bang.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 31.5 percent Q-o-Q (down 1.8 percent Y-o-Y) to Rs 2266.1 crore.

EBITDA margin or operating profit margin is likely to be at 31.7 percent in June quarter as against 26.1 percent in March quarter and 21.7 percent in a year ago period.

first published: Jul 24, 2013 06:40 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Subscribe to Tech Newsletters

Al Edge Newsletter On Saturdays

Find the best of Al News in one place, specially curated for you every weekend.
MC Tech 3 Newsletter Daily-Weekdays

Stay on top of the latest tech trends and biggest startup news.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347