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Last Updated : Oct 12, 2016 12:22 PM IST | Source: Moneycontrol.com

Expect JSPL Q2 sales to rise 4% at Rs 4836 cr: ICICI Securities

Sales are expected to increase by 3.9 percent Q-o-Q (up 2.7 percent Y-o-Y) to Rs 4836.1 crore, according to ICICI Securities.

 
 
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ICICI Securities has come out with its second quarter (July-September) earnings estimates for the Metals sector. The brokerage house expects JSPL to report net loss at Rs 511.1 crore.


Sales are expected to increase by 3.9 percent Q-o-Q (up 2.7 percent Y-o-Y) to Rs 4836.1 crore, according to ICICI Securities.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 6.9 percent Q-o-Q (up 5 percent Y-o-Y) to Rs 1060 crore.


Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.



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First Published on Oct 8, 2016 04:00 pm
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