Moneycontrol
Last Updated : Oct 12, 2018 06:19 PM IST | Source: Moneycontrol.com

HEG Q2 PAT seen up 485.5% YoY to Rs. 665.7 cr: ICICI Direct

Net Sales are expected to increase by 288.1 percent Y-o-Y (up 0.1 percent Q-o-Q) to Rs. 1,589.3 crore, according to ICICI Direct.

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ICICI Direct has come out with its second quarter (July-September’ 18) earnings estimates for the Metals & Mining sector. The brokerage house expects HEG to report net profit at Rs. 665.7 crore up 485.5% year-on-year (down 13.6% quarter-on-quarter).


Net Sales are expected to increase by 288.1 percent Y-o-Y (up 0.1 percent Q-o-Q) to Rs. 1,589.3 crore, according to ICICI Direct.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 436.1 percent Y-o-Y (down 14.4 percent Q-o-Q) to Rs. 1,017 crore.


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First Published on Oct 12, 2018 06:19 pm
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