Jindal Steel & Power Q1 PAT may dip 28.7% YoY to Rs. 1,200 cr: Prabhudas Lilladher

Net Sales are expected to increase by 8 percent Y-o-Y (up 0.8 percent Q-o-Q) to Rs. 13,600 crore, according to Prabhudas Lilladher.

Broker Research

July 16, 2024 / 11:26 IST

Jindal Steel & Power

Prabhudas Lilladher has come out with its first quarter (April-June’ 25) earnings estimates for the Metal & Mining sector. The brokerage house expects Jindal Steel & Power to report net profit at Rs. 1,200 crore down 28.7% year-on-year (up 28.6% quarter-on-quarter).

Net Sales are expected to increase by 8 percent Y-o-Y (up 0.8 percent Q-o-Q) to Rs. 13,600 crore, according to Prabhudas Lilladher.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 0.2 percent Y-o-Y (up 7.7 percent Q-o-Q) to Rs. 2,630 crore.

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Prabhudas_Metal & Mining

Broker Research

first published: Jul 16, 2024 11:26 am

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