Coal India Q3 PAT seen up 87.8% YoY to Rs. 8,562.6 cr: Motilal Oswal

Motilal Oswal has come out with its third quarter (October-December’ 22) earnings estimates for the Metals sector. The brokerage house expects Coal India to report net profit at Rs. 8,562.6 crore up 87.8% year-on-year (up 41.7% quarter-on-quarter).

Net Sales are expected to increase by 27.7 percent Y-o-Y (up 21.7 percent Q-o-Q) to Rs. 36,323.7 crore, according to Motilal Oswal.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 67.7 percent Y-o-Y (up 54.5 percent Q-o-Q) to Rs. 12,383.7 crore.

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