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    HomeNewsBusinessEarningsJSW Steel Q2 PAT may dip 35.2% YoY to Rs. 1,550 cr: PL Capital

    JSW Steel Q2 PAT may dip 35.2% YoY to Rs. 1,550 cr: PL Capital

    Net Sales are expected to decrease by 0.4 percent Y-o-Y (up 3.4 percent Q-o-Q) to Rs. 44,410 crore, according to PL Capital.

    Broker Research
    October 11, 2024 / 14:19 IST
    JSW Steel

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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 JSW Steel to report net profit at Rs. 1,550 crore down 35.2% year-on-year (up 83.3% quarter-on-quarter).

    Net Sales are expected to decrease by 0.4 percent Y-o-Y (up 3.4 percent Q-o-Q) to Rs. 44,410 crore, according to PL Capital.

    Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 21.4 percent Y-o-Y (up 12.5 percent Q-o-Q) to Rs. 6,200 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 02:19 pm

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