HomeNewsBusinessEarningsNalco Q3 PAT may dip 91.1% YoY to Rs. 73.8 cr: Motilal Oswal

Nalco Q3 PAT may dip 91.1% YoY to Rs. 73.8 cr: Motilal Oswal

Net Sales are expected to decrease by 22.2 percent Y-o-Y (down 15.9 percent Q-o-Q) to Rs. 2,934 crore, according to Motilal Oswal.

January 20, 2023 / 12:11 IST
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Representative Image.
Representative Image.

Motilal Oswal has come out with its third quarter (October-December’ 22) earnings estimates for the Metals sector. The brokerage house expects Nalco to report net profit at Rs. 73.8 crore down 91.1% year-on-year (down 51.9% quarter-on-quarter).

Net Sales are expected to decrease by 22.2 percent Y-o-Y (down 15.9 percent Q-o-Q) to Rs. 2,934 crore, according to Motilal Oswal.

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Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 82.1 percent Y-o-Y (down 36.4 percent Q-o-Q) to Rs. 212.7 crore.

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