Go Ad-Free
    My Alerts
    Moneycontrol
    Moneycontrol PRO
    Outskill Genai
    HomeNewsBusinessEarningsNMDC Q2 PAT seen up 27.8% YoY to Rs. 1,310 cr: PL Capital

    NMDC Q2 PAT seen up 27.8% YoY to Rs. 1,310 cr: PL Capital

    Net Sales are expected to increase by 18.3 percent Y-o-Y (down 12.3 percent Q-o-Q) to Rs. 4,750 crore, according to PL Capital.

    Broker Research
    October 11, 2024 / 14:23 IST
    nmdc
       
       
      26 Aug, 2025 12:21
      Volume
      Todays L/H
      More

      PL Capital has come out with its second quarter (July-September’ 24) earnings estimates for the Metal & Mining sector. The brokerage house expects NMDC to report net profit at Rs. 1,310 crore up 27.8% year-on-year (down 33.3% quarter-on-quarter).

      Net Sales are expected to increase by 18.3 percent Y-o-Y (down 12.3 percent Q-o-Q) to Rs. 4,750 crore, according to PL Capital.

      Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 31.6 percent Y-o-Y (down 33 percent Q-o-Q) to Rs. 1,570 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.

      PL Capital_Metals & Mining

      Broker Research
      first published: Oct 11, 2024 02:23 pm

      Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

      Subscribe to Tech Newsletters

      • On Saturdays

        Find the best of Al News in one place, specially curated for you every weekend.

      • Daily-Weekdays

        Stay on top of the latest tech trends and biggest startup news.

      Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347