ICICI Direct has come out with its third quarter (October-December’ 21) earnings estimates for the Metals & Mining sector. The brokerage house expects Coal India to report net profit at Rs.4,239 crore up 37% year-on-year (up 45% quarter-on-quarter).
Net Sales are expected to increase by 17 percent Y-o-Y (up 19 percent Q-o-Q) to Rs. 27,765 crore, according to ICICI Direct.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 18 percent Y-o-Y (up 54 percent Q-o-Q) to Rs. 6,090 crore.
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Metals & Mining 19.01.22-icici
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