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Hindustan Zinc Q1 PAT seen up 62% YoY to Rs. 2,198 cr: ICICI Direct

Net Sales are expected to increase by 65 percent Y-o-Y (down 5 percent Q-o-Q) to Rs. 6,570 crore, according to ICICI Direct.

July 13, 2021 / 12:32 PM IST
 
 
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ICICI Direct has come out with its first quarter (April-June’ 21) earnings estimates for the Metal and Mining sector. The brokerage house expects Hindustan Zinc to report net profit at Rs. 2,198 crore up 62% year-on-year (down 11% quarter-on-quarter).

Net Sales are expected to increase by 65 percent Y-o-Y (down 5 percent Q-o-Q) to Rs. 6,570 crore, according to ICICI Direct.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 126 percent Y-o-Y (down 8 percent Q-o-Q) to Rs. 3,568 crore.

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