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Last Updated : Jan 10, 2019 05:04 PM IST | Source: Moneycontrol.com

HEG Q3 PAT seen up 99.3% YoY to Rs. 681.7 cr: ICICI Direct

Net Sales are expected to increase by 93.5 percent Y-o-Y (down 9.1 percent Q-o-Q) to Rs. 1,630.8 crore, according to ICICI Direct.

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1. HEG Ltd. | Return from 8-11-16: 2,308.42 (Image: Reuters)
1. HEG Ltd. | Return from 8-11-16: 2,308.42 (Image: Reuters)
 
 
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ICICI Direct has come out with its third quarter (October-December’ 18) earnings estimates for the Metals & Mining sector. The brokerage house expects HEG to report net profit at Rs. 681.7 crore up 99.3% year-on-year (down 23.3% quarter-on-quarter).


Net Sales are expected to increase by 93.5 percent Y-o-Y (down 9.1 percent Q-o-Q) to Rs. 1,630.8 crore, according to ICICI Direct.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 83.2 percent Y-o-Y (down 25.4 percent Q-o-Q) to Rs. 1,021.5 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.

First Published on Jan 10, 2019 05:04 pm
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