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Hindalco Industries Q1 PAT may dip 82% YoY to Rs. 74.2 cr: Kotak

Net Sales are expected to increase by 1.9 percent Y-o-Y (down 12.8 percent Q-o-Q) to Rs. 10,794.1 crore, according to Kotak.

July 17, 2019 / 12:09 PM IST
 
 
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Kotak has come out with its first quarter (April-June’ 19) earnings estimates for the Metals & Mining sector. The brokerage house expects Hindalco Industries to report net profit at Rs. 74.2 crore down 82% year-on-year (down 68.5% quarter-on-quarter).


Net Sales are expected to increase by 1.9 percent Y-o-Y (down 12.8 percent Q-o-Q) to Rs. 10,794.1 crore, according to Kotak.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 37.3 percent Y-o-Y (down 7.9 percent Q-o-Q) to Rs. 831.1 crore.


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