Religare has come out with its third quarter (October-December) earnings estimates for the India Metals sector. The brokerage house expects JSW Steel to report net profit at 570 crore down 21% quarter-on-quarter.
Net Sales are expected to increase by 8.6 percent Q-o-Q (up 65.1 percent Y-o-Y) to Rs 14360 crore, according to Religare.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 11.2 percent Q-o-Q (up 194.5 percent Y-o-Y) to Rs 2630 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.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
