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Coal India Q2 PAT seen up 9% YoY to Rs 3,211 cr: ICICI Direct

Net Sales are expected to increase by 17 percent Y-o-Y (down 2 percent Q-o-Q) to Rs 24,760 crore, according to ICICI Direct.

October 18, 2021 / 12:56 PM IST
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ICICI Direct has come out with its second quarter (July-September’ 21) earnings estimates for the Metal & Mining sector. The brokerage house expects Coal India to report net profit at Rs 3,211 crore up 9% year-on-year (up 1% quarter-on-quarter).

Net Sales are expected to increase by 17 percent Y-o-Y (down 2 percent Q-o-Q) to Rs 24,760 crore, according to ICICI Direct.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 21 percent Y-o-Y (down 1 percent Q-o-Q) to Rs 4,791 crore.

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