NMDC Q3 PAT seen up 33.6% YoY to Rs. 1,210 cr: Prabhudas Lilladher

Prabhudas Lilladher has come out with its third quarter (October-December’ 23) earnings estimates for the Metals & Mining sector. The brokerage house expects NMDC to report net profit at Rs. 1,210 crore up 33.6% year-on-year (up 17.8% quarter-on-quarter).

Net Sales are expected to increase by 40.9 percent Y-o-Y (up 30.6 percent Q-o-Q) to Rs. 5,240 crore, according to Prabhudas Lilladher.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 36 percent Y-o-Y (up 30.3 percent Q-o-Q) to Rs. 1,550 crore.

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