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Vedanta Q1 PAT seen up 0.9% YoY to Rs. 1,547.2 cr: Kotak

Net Sales are expected to decrease by 1.7 percent Y-o-Y (down 7 percent Q-o-Q) to Rs. 21,823.6 crore, according to Kotak.

July 17, 2019 / 12:25 PM IST
 
 
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Kotak has come out with its first quarter (April-June’ 19) earnings estimates for the Metals & Mining sector. The brokerage house expects Vedanta to report net profit at Rs. 1,547.2 crore up 0.9% year-on-year (down 13.2% quarter-on-quarter).


Net Sales are expected to decrease by 1.7 percent Y-o-Y (down 7 percent Q-o-Q) to Rs. 21,823.6 crore, according to Kotak.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 7.6 percent Y-o-Y (down 5.3 percent Q-o-Q) to Rs. 5,808.9 crore.


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