Hindalco Industries Q3 PAT seen up 50.9% YoY to Rs. 2,050 cr: Prabhudas Lilladher

Prabhudas Lilladher has come out with its third quarter (October-December’ 23) earnings estimates for the Metals & Mining sector. The brokerage house expects Hindalco Industries to report net profit at Rs. 2,050 crore up 50.9% year-on-year (down 3.7% quarter-on-quarter).

Net Sales are expected to increase by 1.4 percent Y-o-Y (down 0.5 percent Q-o-Q) to Rs. 53,870 crore, according to Prabhudas Lilladher.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 44.9 percent Y-o-Y (down 8.4 percent Q-o-Q) to Rs. 5,150 crore.

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