Coal India Q1 PAT seen up 96% YoY to Rs. 4,070 cr: ICICI Direct

ICICI Direct has come out with its first quarter (April-June’ 21) earnings estimates for the Metal and Mining sector. The brokerage house expects Coal India to report net profit at Rs. 4,070 crore up 96% year-on-year (down 11% quarter-on-quarter).

Net Sales are expected to increase by 37 percent Y-o-Y (down 5 percent Q-o-Q) to Rs. 25,295 crore, according to ICICI Direct.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 86 percent Y-o-Y (down 11 percent Q-o-Q) to Rs. 5,691 crore.

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