ICICI Direct has come out with its fourth quarter (January-March’ 22) earnings estimates for the Metal & Mining sector. The brokerage house expects Graphite India to report net profit at Rs. 189 crore up 196% year-on-year (up 43% quarter-on-quarter).
Net Sales are expected to increase by 80 percent Y-o-Y (up 15 percent Q-o-Q) to Rs. 1,014 crore, according to ICICI Direct.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 152 percent Y-o-Y (up 44 percent Q-o-Q) to Rs. 197 crore.
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