Hindustan Zinc Q3 PAT seen up 54.1% to Rs 2930 cr: Motilal Oswal

Net Sales are expected to increase by 61.4 percent Q-o-Q (up 65.9 percent Y-o-Y) to Rs 5690.4 crore, according to Motilal Oswal.

January 17, 2017 / 16:54 IST

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Motilal Oswal has come out with its third quarter (October-December) earnings estimates for the Metals sector. The brokerage house expects Hindustan Zinc to report net profit at Rs 2930 crore up 54.1% quarter-on-quarter.

Net Sales are expected to increase by 61.4 percent Q-o-Q (up 65.9 percent Y-o-Y) to Rs 5690.4 crore, according to Motilal Oswal.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 62.8 percent Q-o-Q (up 128.6 percent Y-o-Y) to Rs 3380.1 crore.

Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

first published: Jan 17, 2017 12:00 pm

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