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Last Updated : Jul 10, 2019 05:34 PM IST | Source: Moneycontrol.com

Hindalco Q1 PAT may dip 43.7% YoY to Rs. 413.5 cr: ICICI Direct

Net Sales are expected to decrease by 0.9 percent Y-o-Y (down 11.4 percent Q-o-Q) to Rs. 10,573.1 crore, according to ICICI Direct.

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ICICI Direct has come out with its first quarter (April-June’ 19) earnings estimates for the Metals & Mining sector. The brokerage house expects Hindalco to report net profit at Rs. 413.5 crore down 43.7% year-on-year (down 18.3% quarter-on-quarter).


Net Sales are expected to decrease by 0.9 percent Y-o-Y (down 11.4 percent Q-o-Q) to Rs. 10,573.1 crore, according to ICICI Direct.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 29.9 percent Y-o-Y (down 3.7 percent Q-o-Q) to Rs. 1,307.6 crore.


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First Published on Jul 10, 2019 05:34 pm
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