Hindustan Zinc Q1 PAT seen up 114.7% YoY to Rs 2226.6 cr: ICICI

Net Sales are expected to decrease by 22.5 percent Q-o-Q (up 91.7 percent Y-o-Y) to Rs 4850.5 crore, according to ICICI. Hindustan Zinc to report net profit at 2226.6 crore up 114.7% year-on-year.

July 20, 2017 / 19:35 IST

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ICICI has come out with its first quarter (April-June) earnings estimates for the Metals & Mining sector. The brokerage house expects Hindustan Zinc to report net profit at 2226.6 crore up 114.7% year-on-year (down 27.2% quarter-on-quarter).

Net Sales are expected to decrease by 22.5 percent Q-o-Q (up 91.7 percent Y-o-Y) to Rs 4850.5 crore, according to ICICI.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 28.4 percent Q-o-Q (up 137.4 percent Y-o-Y) to Rs 2684.3 crore.

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first published: Jul 15, 2017 04:16 pm

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