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    HomeNewsBusinessEarningsJindal Stainless Q3 PAT seen up 40.7% YoY to Rs. 700 cr: Prabhudas Lilladher

    Jindal Stainless Q3 PAT seen up 40.7% YoY to Rs. 700 cr: Prabhudas Lilladher

    Net Sales are expected to increase by 8.7 percent Y-o-Y (up 0.6 percent Q-o-Q) to Rs. 9,850 crore, according to Prabhudas Lilladher.

    Broker Research
    January 10, 2024 / 13:02 IST
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    Prabhudas Lilladher has come out with its third quarter (October-December’ 23) earnings estimates for the Metals & Mining sector. The brokerage house expects Jindal Stainless to report net profit at Rs. 700 crore up 40.7% year-on-year (down 9.6% quarter-on-quarter).

    Net Sales are expected to increase by 8.7 percent Y-o-Y (up 0.6 percent Q-o-Q) to Rs. 9,850 crore, according to Prabhudas Lilladher.

    Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 32.7 percent Y-o-Y (down 6.4 percent Q-o-Q) to Rs. 1,150 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.

    Prabhudas_Metal & Mining

    Broker Research
    first published: Jan 9, 2024 10:17 am

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