Motilal Oswal has come out with its third quarter (October-December) earnings estimates for the Utilities sector. The brokerage house expects Coal India to report net profit at Rs 2876.3 crore up 379.3% quarter-on-quarter.
Net Sales are expected to increase by 25.7 percent Q-o-Q (up 3.6 percent Y-o-Y) to Rs 19662.8 crore, according to Motilal Oswal.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 1761.1 percent Q-o-Q (down 22.3 percent Y-o-Y) to Rs 3258.5 crore.
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