Tata Steel Q2 PAT seen up 155% at Rs 926 cr: ICICI Securities

Sales are expected to increase by 5.7 percent Q-o-Q (down 9 percent Y-o-Y) to Rs 26679 crore, according to ICICI Securities.

October 12, 2016 / 12:21 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 Tata Steel to report net profit at Rs 926 crore, up 154.7 percent quarter-on-quarter.

Sales are expected to increase by 5.7 percent Q-o-Q (down 9 percent Y-o-Y) to Rs 26679 crore, according to ICICI Securities.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 12.6 percent Q-o-Q (up 99.4 percent Y-o-Y) to Rs 3649.7 crore.

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first published: Oct 8, 2016 03:59 pm

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