Nalco Q2 PAT seen up 81.9% YoY to Rs. 282.6 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 Nalco to report net profit at Rs. 282.6 crore up 81.9% year-on-year (down 17.9% quarter-on-quarter).

Net Sales are expected to decrease by 11.6 percent Y-o-Y (down 3 percent Q-o-Q) to Rs. 3,083.7 crore, according to ICICI Securities.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 50.7 percent Y-o-Y (down 15.2 percent Q-o-Q) to Rs. 503.7 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.