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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.
Oct 8, 2016 / 03:40 PM IST
 
 
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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.

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first published: Oct 8, 2016 03:40 pm

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