Hindustan Zinc Q3 PAT may dip 13% YoY to Rs. 2,350.8 cr: Motilal Oswal

Motilal Oswal has come out with its third quarter (October-December’ 22) earnings estimates for the Metals sector. The brokerage house expects Hindustan Zinc to report net profit at Rs. 2,350.8 crore down 13% year-on-year (down 12.3% quarter-on-quarter).

Net Sales are expected to decrease by 3.5 percent Y-o-Y (down 7.5 percent Q-o-Q) to Rs. 7,710.8 crore, according to Motilal Oswal.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 11 percent Y-o-Y (down 11.8 percent Q-o-Q) to Rs. 3,887.7 crore.

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