Hindalco Industries Q1 PAT seen up 12.4% YoY to Rs. 1,026.1 cr: Prabhudas Lilladher

Prabhudas Lilladher has come out with its first quarter (April-June’ 22) earnings estimates for the Metal & Mining sector. The brokerage house expects Hindalco Industries to report net profit at Rs. 1,026.1 crore up 12.4% year-on-year (down 38.5% quarter-on-quarter).

Net Sales are expected to increase by 28.7 percent Y-o-Y (down 9.8 percent Q-o-Q) to Rs. 17,115.5 crore, according to Prabhudas Lilladher.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 7.2 percent Y-o-Y (down 31.1 percent Q-o-Q) to Rs. 2,248.6 crore.

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