Prabhudas Lilladher has come out with its fourth quarter (January-March’ 24) earnings estimates for the Metal & Mining sector. The brokerage house expects NMDC to report net profit at Rs. 1,660 crore up 16.9% year-on-year (up 0.1% quarter-on-quarter).
Net Sales are expected to increase by 9.1 percent Y-o-Y (up 18 percent Q-o-Q) to Rs. 6,380 crore, according to Prabhudas Lilladher.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 12.5 percent Y-o-Y (up 21.2 percent Q-o-Q) to Rs. 2,430 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.
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!
