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Last Updated : Jul 10, 2019 05:51 PM IST | Source: Moneycontrol.com

NMDC Q1 PAT seen up 25.1% YoY to Rs. 1,220.1 cr: ICICI Direct

Net Sales are expected to increase by 34.2 percent Y-o-Y (down 10.8 percent Q-o-Q) to Rs. 3,250.6 crore, according to ICICI Direct.

 
 
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ICICI Direct has come out with its first quarter (April-June’ 19) earnings estimates for the Metals & Mining sector. The brokerage house expects NMDC to report net profit at Rs. 1,220.1 crore up 25.1% year-on-year (down 16.1% quarter-on-quarter).


Net Sales are expected to increase by 34.2 percent Y-o-Y (down 10.8 percent Q-o-Q) to Rs. 3,250.6 crore, according to ICICI Direct.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 28 percent Y-o-Y (down 12.9 percent Q-o-Q) to Rs. 1,822.8 crore.


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First Published on Jul 10, 2019 05:51 pm
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