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Last Updated : Jul 17, 2019 12:18 PM IST | Source: Moneycontrol.com

National Aluminium Q1 PAT may dip 60.8% YoY to Rs. 245.9 cr: Kotak

Net Sales are expected to decrease by 18.4 percent Y-o-Y (down 12.3 percent Q-o-Q) to Rs. 2,425.7 crore, according to Kotak.

 
 
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Kotak has come out with its first quarter (April-June’ 19) earnings estimates for the Metals & Mining sector. The brokerage house expects National Aluminium to report net profit at Rs. 245.9 crore down 60.8% year-on-year (down 16.3% quarter-on-quarter).


Net Sales are expected to decrease by 18.4 percent Y-o-Y (down 12.3 percent Q-o-Q) to Rs. 2,425.7 crore, according to Kotak.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 60.3 percent Y-o-Y (down 22.4 percent Q-o-Q) to Rs. 401.5 crore.


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First Published on Jul 17, 2019 12:18 pm
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