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Last Updated : Apr 15, 2019 05:55 PM IST | Source: Moneycontrol.com

HEG Q4 PAT may dip 30% YoY to Rs. 444 cr: ICICI Direct

Net Sales are expected to increase by 7.8 percent Y-o-Y (down 25.3 percent Q-o-Q) to Rs. 1,393.6 crore, according to ICICI Direct.

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ICICI Direct has come out with its fourth quarter (January-March’ 19) earnings estimates for the Metals & Mining sector. The brokerage house expects HEG to report net profit at Rs. 444 crore down 30% year-on-year (down 48.8% quarter-on-quarter).


Net Sales are expected to increase by 7.8 percent Y-o-Y (down 25.3 percent Q-o-Q) to Rs. 1,393.6 crore, according to ICICI Direct.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 26.8 percent Y-o-Y (down 47 percent Q-o-Q) to Rs. 695.7 crore.


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First Published on Apr 15, 2019 05:55 pm
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