Limited Period Offer:Be a PRO for 1 month @Rs49/-Multiple payment options available. Know More

Hindalco Q3 PAT seen up 36.6% YoY to Rs. 358 cr: ICICI Direct

Net Sales are expected to decrease by 2.6 percent Y-o-Y (up 4.4 percent Q-o-Q) to Rs. 9,989 crore, according to ICICI Direct.

January 18, 2021 / 10:58 AM IST
Hindalco Industries Ltd.

Hindalco Industries Ltd.

 
 
live
  • bselive
  • nselive
Volume
Todays L/H
More

ICICI Direct has come out with its third quarter (October-December’ 20) earnings estimates for the Metal and Mining sector. The brokerage house expects Hindalco to report net profit at Rs. 358 crore up 36.6% year-on-year (up 9.5% quarter-on-quarter).

Net Sales are expected to decrease by 2.6 percent Y-o-Y (up 4.4 percent Q-o-Q) to Rs. 9,989 crore, according to ICICI Direct.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 9.4 percent Y-o-Y (up 10.8 percent Q-o-Q) to Rs. 1,413 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.

stay updated

Get Daily News on your Browser
Sections