Moneycontrol
Oct 12, 2017 06:52 PM IST | Source: Moneycontrol.com

NMDC Q2 PAT seen up 24.6% YoY to Rs. 960.4 cr: Edelweiss

Net Sales are expected to increase by 49.3 percent Y-o-Y (down 8.6 percent Q-o-Q) to Rs. 2597.4 crore, according to Edelweiss.

NMDC Q2 PAT seen up 24.6% YoY to Rs. 960.4 cr: Edelweiss

Edelweiss has come out with its second quarter (July-September) earnings estimates for the Metals and Mining sector. The brokerage house expects NMDC to report net profit at Rs. 960.4 crore up 24.6% year-on-year (down 0.9% quarter-on-quarter).


Net Sales are expected to increase by 49.3 percent Y-o-Y (down 8.6 percent Q-o-Q) to Rs. 2597.4 crore, according to Edelweiss.


Earnings before interest, tax, depreciation and amortization (EBITDA) are likely to rise by 65.1 percent Y-o-Y (down 8.8 percent Q-o-Q) to Rs. 1363.4 crore.


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