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    HomeNewsBusinessEarningsSteel Authority of India Q3 PAT seen up 22.5% YoY to Rs. 570 cr: Prabhudas Lilladher

    Steel Authority of India Q3 PAT seen up 22.5% YoY to Rs. 570 cr: Prabhudas Lilladher

    Net Sales are expected to increase by 7.4 percent Y-o-Y (down 3.8 percent Q-o-Q) to Rs. 2,690 crore, according to Prabhudas Lilladher.

    Broker Research
    January 10, 2024 / 13:02 IST
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      Prabhudas Lilladher has come out with its third quarter (October-December’ 23) earnings estimates for the Metals & Mining sector. The brokerage house expects Steel Authority of India to report net profit at Rs. 570 crore up 22.5% year-on-year (down 54.2% quarter-on-quarter).

      Net Sales are expected to increase by 7.4 percent Y-o-Y (down 3.8 percent Q-o-Q) to Rs. 2,690 crore, according to Prabhudas Lilladher.

      Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 17.2 percent Y-o-Y (up 14.8 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.

      Prabhudas_Metal & Mining

      Broker Research
      first published: Jan 9, 2024 02:58 pm

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