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Last Updated : Oct 12, 2018 06:36 PM IST | Source: Moneycontrol.com

Tata Steel Q2 PAT seen up 93.9% YoY to Rs. 2021.7 cr: ICICI Direct

Net Sales are expected to increase by 20.9 percent Y-o-Y (up 3.7 percent Q-o-Q) to Rs. 39243.7 crore, according to ICICI Direct.

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ICICI Direct has come out with its second quarter (July-September’ 18) earnings estimates for the Metals & Mining sector. The brokerage house expects Tata Steel to report net profit at Rs. 2021.7 crore up 93.9% year-on-year (up 4.5% quarter-on-quarter).


Net Sales are expected to increase by 20.9 percent Y-o-Y (up 3.7 percent Q-o-Q) to Rs. 39243.7 crore, according to ICICI Direct.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 44.2 percent Y-o-Y (up 5.3 percent Q-o-Q) to Rs. 6808.6 crore.


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First Published on Oct 12, 2018 06:36 pm
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