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NMDC q3 PAT Seen Up 31% To Rs 1010 Cr: Religare

Net Sales are expected to increase by 45.2 percent Q-o-Q (up 66.5 percent Y-o-Y) to Rs 2530 crore, according to Religare.

Jan 17, 2017 / 12:45 PM IST
 
 
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Religare has come out with its third quarter (October-December) earnings estimates for the India Metals sector. The brokerage house expects NMDC to report net profit at 1010 crore up 31% quarter-on-quarter.


Net Sales are expected to increase by 45.2 percent Q-o-Q (up 66.5 percent Y-o-Y) to Rs 2530 crore, according to Religare.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 58.9 percent Q-o-Q (up 103.7 percent Y-o-Y) to Rs 1310 crore.

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first published: Jan 17, 2017 12:45 pm

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