Hindustan Zinc Q3 PAT may dip 12.6% YoY to Rs. 1,949.8 cr: ICICI Direct

ICICI Direct has come out with its third quarter (October-December’ 18) earnings estimates for the Metals & Mining sector. The brokerage house expects Hindustan Zinc to report net profit at Rs. 1,949.8 crore down 12.6% year-on-year (up 7.4% quarter-on-quarter).

Net Sales are expected to decrease by 10.4 percent Y-o-Y (up 11 percent Q-o-Q) to Rs. 5,304.5 crore, according to ICICI Direct.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 15.2 percent Y-o-Y (up 17.9 percent Q-o-Q) to Rs. 2,751.6 crore.

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