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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