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HomeNewsBusinessEarningsJindal Stainless Q2 PAT may dip 15.9% YoY to Rs. 650 cr: PL Capital

Jindal Stainless Q2 PAT may dip 15.9% YoY to Rs. 650 cr: PL Capital

Net Sales are expected to increase by 0.3 percent Y-o-Y (up 4.2 percent Q-o-Q) to Rs. 9,820 crore, according to PL Capital.

October 11, 2024 / 14:10 IST
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    PL Capital has come out with its second quarter (July-September’ 24) earnings estimates for the Metal & Mining sector. The brokerage house expects Jindal Stainless to report net profit at Rs. 650 crore down 15.9% year-on-year (up 0.5% quarter-on-quarter).

    Net Sales are expected to increase by 0.3 percent Y-o-Y (up 4.2 percent Q-o-Q) to Rs. 9,820 crore, according to PL Capital.

    Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 0.9 percent Y-o-Y (up 0.6 percent Q-o-Q) to Rs. 1,220 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.

    PL Capital_Metals & Mining

    Broker Research
    first published: Oct 11, 2024 02:10 pm

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