Moneycontrol
Jan 13, 2017 05:42 PM IST IST | Source: Moneycontrol.com

Coal India Q3 PAT seen up 311.9% to Rs 2471.8 cr: Edelweiss

Net Sales are expected to increase by 24.7 percent Q-o-Q (up 3.1 percent Y-o-Y) to Rs 20212 crore, according to Edelweiss.


Edelweiss has come out with its third quarter (October-December) earnings estimates for the Metals and Mining sector. The brokerage house expects Coal India to report net profit at 2471.8 crore up 2471.8% quarter-on-quarter.


Net Sales are expected to increase by 24.7 percent Q-o-Q (up 3.1 percent Y-o-Y) to Rs 20212 crore, according to Edelweiss.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 353.2 percent Q-o-Q (down 30.2 percent Y-o-Y) to Rs 3365.7 crore.

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