Graphite India Q3 PAT seen up 99.4% YoY to Rs. 678.8 cr: ICICI Direct

ICICI Direct has come out with its third quarter (October-December’ 18) earnings estimates for the Metals & Mining sector. The brokerage house expects Graphite India to report net profit at Rs. 678.8 crore up 99.4% year-on-year (down 25.6% quarter-on-quarter).

Net Sales are expected to increase by 72 percent Y-o-Y (down 20.1 percent Q-o-Q) to Rs. 1,605.2 crore, according to ICICI Direct.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 89.5 percent Y-o-Y (down 28.1 percent Q-o-Q) to Rs. 982.6 crore.

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