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Last Updated : Jan 10, 2019 05:29 PM IST | Source: Moneycontrol.com

Tata Steel Q3 PAT seen up 112.2% YoY to Rs. 2,410.5 cr: ICICI Direct

Net Sales are expected to increase by 24.8 percent Y-o-Y (down 4.2 percent Q-o-Q) to Rs. 41,731.7 crore, according to ICICI Direct.

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ICICI Direct has come out with its third quarter (October-December’ 18) earnings estimates for the Metals & Mining sector. The brokerage house expects Tata Steel to report net profit at Rs. 2,410.5 crore up 112.2% year-on-year (down 22.6% quarter-on-quarter).


Net Sales are expected to increase by 24.8 percent Y-o-Y (down 4.2 percent Q-o-Q) to Rs. 41,731.7 crore, according to ICICI Direct.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 27.3 percent Y-o-Y (down 18.7 percent Q-o-Q) to Rs. 7,253.2 crore.


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First Published on Jan 10, 2019 05:29 pm
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