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.
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