SAIL Q2 net sales may rise 10% to Rs 10126 cr: ICICI Securities

Sales are expected to increase by 9.6 percent Q-o-Q (up 9.4 percent Y-o-Y) to Rs 10125.8 crore, according to ICICI Securities.

October 12, 2016 / 12:22 IST

26 Aug, 2025 12:21

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ICICI Securities has come out with its second quarter (July-September) earnings estimates for the Metals sector. The brokerage house expects Steel Authority to report net loss at Rs 631.9 crore.

Sales are expected to increase by 9.6 percent Q-o-Q (up 9.4 percent Y-o-Y) to Rs 10125.8 crore, according to ICICI Securities.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 46.6 percent Q-o-Q at Rs 342.8 crore.

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first published: Oct 8, 2016 04:00 pm

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