JSW Steel Q3 PAT seen up 1,075.9% YoY to Rs. 2,198.9 cr: Emkey

Net Sales are expected to increase by 12.7 percent Y-o-Y (up 5.6 percent Q-o-Q) to Rs. 20,340.8 crore, according to Emkey.

January 20, 2021 / 10:45 AM IST
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Emkey has come out with its third quarter (October-December’ 20) earnings estimates for the Metal & Mining sector. The brokerage house expects JSW Steel to report net profit at Rs. 2,198.9 crore up 1,075.9% year-on-year (up 37.9% quarter-on-quarter).

Net Sales are expected to increase by 12.7 percent Y-o-Y (up 5.6 percent Q-o-Q) to Rs. 20,340.8 crore, according to Emkey.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 113.3 percent Y-o-Y (up 18.4 percent Q-o-Q) to Rs. 5,227.2 crore.

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