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Last Updated : Jul 10, 2019 05:29 PM IST | Source: Moneycontrol.com

Graphite India Q1 PAT may dip 63.8% YoY to Rs. 310.7 cr: ICICI Direct

Net Sales are expected to decrease by 27.6 percent Y-o-Y (down 24 percent Q-o-Q) to Rs. 1,286 crore, according to ICICI Direct.

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4. HEG | Sales growth in March 2018: 53.37% | June: 22.82% | September: 13% | HEG manufactures graphite electrodes, which are used by manufacturers of steel.
4. HEG | Sales growth in March 2018: 53.37% | June: 22.82% | September: 13% | HEG manufactures graphite electrodes, which are used by manufacturers of steel.
 
 
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ICICI Direct has come out with its first quarter (April-June’ 19) earnings estimates for the Metals & Mining sector. The brokerage house expects Graphite India to report net profit at Rs. 310.7 crore down 63.8% year-on-year (down 44.7% quarter-on-quarter).


Net Sales are expected to decrease by 27.6 percent Y-o-Y (down 24 percent Q-o-Q) to Rs. 1,286 crore, according to ICICI Direct.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 66.2 percent Y-o-Y (down 49.2 percent Q-o-Q) to Rs. 439 crore.


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First Published on Jul 10, 2019 05:29 pm
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