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Hindustan Zinc Q4 PAT may dip 15.1% to Rs 2440 cr: HDFC Securities

Net Sales are expected to increase by 5.5 percent Q-o-Q (up 70 percent Y-o-Y) to Rs 5220 crore, according to HDFC Securities. Hindustan Zinc to report net profit at 2440 crore down 15.1% quarter-on-quarter.

April 24, 2017 / 06:11 PM IST
Iron & Steel | Imports from China, 2019: 4 percent. (Image: Moneycontrol)

Iron & Steel | Imports from China, 2019: 4 percent. (Image: Moneycontrol)

 
 
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HDFC Securities has come out with its fourth quarter (January-March) earnings estimates for the Metal & Mining sector. The brokerage house expects Hindustan Zinc to report net profit at 2440 crore down 15.1% quarter-on-quarter.


Net Sales are expected to increase by 5.5 percent Q-o-Q (up 70 percent Y-o-Y) to Rs 5220 crore, according to HDFC Securities.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 6.4 percent Q-o-Q (up 126.3 percent Y-o-Y) to Rs 2960 crore.


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