Coal India Q1 PAT seen up 56.4% YoY to Rs. 3,678 cr: ICICI Direct

ICICI Direct has come out with its first quarter (April-June’ 18) earnings estimates for the Metals & Mining sector. The brokerage house expects Coal India to report net profit at Rs. 3,678 crore up 56.4% year-on-year (up 184.1% quarter-on-quarter).

Net Sales are expected to increase by 21.4 percent Y-o-Y (down 13.5 percent Q-o-Q) to Rs. 23,265.8 crore, according to ICICI Direct.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 52.5 percent Y-o-Y (up 2646.8 percent Q-o-Q) to Rs. 5,370 crore.

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