Moneycontrol
Last Updated : Oct 12, 2018 06:34 PM IST | Source: Moneycontrol.com

Vedanta Q2 PAT may dip 41.7% YoY to Rs. 1,219.3 cr: ICICI Direct

Net Sales are expected to decrease by 12.9 percent Y-o-Y (down 15.3 percent Q-o-Q) to Rs. 18,805.1 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 Vedanta to report net profit at Rs. 1,219.3 crore down 41.7% year-on-year (down 20.5% quarter-on-quarter).


Net Sales are expected to decrease by 12.9 percent Y-o-Y (down 15.3 percent Q-o-Q) to Rs. 18,805.1 crore, according to ICICI Direct.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 0.5 percent Y-o-Y (down 9.4 percent Q-o-Q) to Rs. 5,695.9 crore.


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First Published on Oct 12, 2018 06:34 pm
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