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Apr 19, 2012, 03.08 PM IST
Hindustan Zinc, the billionaire Anil Agarwal's Vedanta Group company is expected to report a profit after tax at Rs 1,434 crore in the fourth quarter of FY12, degrowth of 19% as compared to Rs 1,771.27 crore in a year ago period.
Sales are seen going down by 4% at Rs 3,060 crore from Rs 3,197.02 crore year-on-year.
EBITDA too is likely to fall by 17% to Rs 1,596 crore in the January-March quarter of FY12 versus Rs 1,928.19 crore. EBITDA margin is seen declining at 52.2% versus 60.3% during the same period.
Topline impacted by lower LME prices though rupee depreciation will provide some relief on a y-o-y basis:
Fear remains that Zinc and lead prices are unlikely to see any major upside as the market remains in surplus
China’s demand environment for zinc remains positive because of the focus on value addition
EBITDA margins under pressure (y-o-y) due to fall in metal realizations and sharp escalation in operating costs
Tags: Hindustan Zinc Q4
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