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    HomeNewsBusinessEarningsJindal Steel & Power Q2 PAT may dip 41% YoY to Rs. 820 cr: PL Capital

    Jindal Steel & Power Q2 PAT may dip 41% YoY to Rs. 820 cr: PL Capital

    Net Sales are expected to decrease by 4.7 percent Y-o-Y (down 14.2 percent Q-o-Q) to Rs. 11,680 crore, according to PL Capital.

    Broker Research
    October 11, 2024 / 14:17 IST
    Jindal Steel & Power
       
       
      26 Aug, 2025 12:21
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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 Steel & Power to report net profit at Rs. 820 crore down 41% year-on-year (down 38.9% quarter-on-quarter).

      Net Sales are expected to decrease by 4.7 percent Y-o-Y (down 14.2 percent Q-o-Q) to Rs. 11,680 crore, according to PL Capital.

      Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 8.9 percent Y-o-Y (down 26.6 percent Q-o-Q) to Rs. 2,080 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 02:17 pm

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