Moneycontrol
Jan 13, 2017 05:47 PM IST IST | Source: Moneycontrol.com

NMDC Q3 PAT seen up 3.8% to Rs 799.9 cr: Edelweiss

Net Sales are expected to increase by 41.3 percent Q-o-Q (up 62 percent Y-o-Y) to Rs 2457.4 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 NMDC to report net profit at 799.9 crore up 3.8% quarter-on-quarter.


Net Sales are expected to increase by 41.3 percent Q-o-Q (up 62 percent Y-o-Y) to Rs 2457.4 crore, according to Edelweiss.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 30.3 percent Q-o-Q (up 67 percent Y-o-Y) to Rs 1075.8 crore.

Disclaimer:
The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.
Sections
Follow us on
Available On