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Last Updated : Oct 10, 2019 04:35 PM IST | Source: Moneycontrol.com

Hindustan Zinc Q2 PAT may dip 22.1% YoY to Rs. 1,414.1 cr: ICICI Direct

Net Sales are expected to decrease by 12.2 percent Y-o-Y (down 15.9 percent Q-o-Q) to Rs. 4,192 crore, according to ICICI Direct.

 
 
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ICICI Direct has come out with its second quarter (July-September’ 19) earnings estimates for the Metals & Mining sector. The brokerage house expects Hindustan Zinc to report net profit at Rs. 1,414.1 crore down 22.1% year-on-year (down 19.9% quarter-on-quarter).


Net Sales are expected to decrease by 12.2 percent Y-o-Y (down 15.9 percent Q-o-Q) to Rs. 4,192 crore, according to ICICI Direct.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 17.6 percent Y-o-Y (down 22.4 percent Q-o-Q) to Rs. 1,922.4 crore.


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First Published on Oct 10, 2019 04:35 pm
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