Prabhudas Lilladher has come out with its earning estimates on the metals & mining sector for the quarter ended December 2010. According to the research firm, Tata Steel's December quarter consolidated net sales are expected to go down by 1.2% to Rs 25,755.1 crore, Year-on-Year, (Y-o-Y) basis.
The company's net profit is expected to go up by 266.6% at Rs 969 crore on YoY basis.
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