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Last Updated : Oct 12, 2016 12:11 PM IST | Source: Moneycontrol.com

Hindalco Q2 PAT may dip 1.6% to Rs 289.4 cr: ICICI Securities

Sales are expected to increase by 17.2 percent Q-o-Q (down 0.3 percent Y-o-Y) to Rs 8900.9 crore, according to ICICI Securities.

 
 
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ICICI Securities has come out with its second quarter (July-September) earnings estimates for the Metals sector. The brokerage house expects Hindalco to report net profit at Rs 289.4 crore, down 1.6 percent quarter-on-quarter.


Sales are expected to increase by 17.2 percent Q-o-Q (down 0.3 percent Y-o-Y) to Rs 8900.9 crore, according to ICICI Securities.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 5.3 percent Q-o-Q (up 97.8 percent Y-o-Y) to Rs 1192.6 crore.

Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.


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First Published on Oct 8, 2016 03:40 pm
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