JSPL Q2 PAT may dip 5.2% YoY to Rs. 1,060.2 cr: ICICI Securities

ICICI Securities has come out with its second quarter (July-September’ 24) earnings estimates for the Metals sector. The brokerage house expects JSPL to report net profit at Rs. 1,060.2 crore down 5.2% year-on-year (down 37.3% quarter-on-quarter).

Net Sales are expected to decrease by 10.3 percent Y-o-Y (down 3.7 percent Q-o-Q) to Rs. 12124.6 crore, according to ICICI Securities.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 22.6 percent Y-o-Y (down 9.9 percent Q-o-Q) to Rs. 2,368.5 crore.

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