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Last Updated : Jul 10, 2019 11:42 AM IST | Source: Moneycontrol.com

NMDC Q1 PAT seen up 89.5% YoY to Rs. 1,847.8 cr: Prabhudas Lilladher

Net Sales are expected to increase by 35.9 percent Y-o-Y (down 9.7 percent Q-o-Q) to Rs. 3,290.4 crore, according to Prabhudas Lilladher.

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Prabhudas Lilladher 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. 1,847.8 crore up 89.5% year-on-year (up 37.4% quarter-on-quarter).


Net Sales are expected to increase by 35.9 percent Y-o-Y (down 9.7 percent Q-o-Q) to Rs. 3,290.4 crore, according to Prabhudas Lilladher.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 24.8 percent Y-o-Y (down 7.8 percent Q-o-Q) to Rs. 1,777.3 crore.


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First Published on Jul 10, 2019 11:42 am
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