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Tune in on 17th July for the Small Business Virtual Summit with Cisco. Register now!
Last Updated : Oct 12, 2016 12:14 PM IST | Source: Moneycontrol.com

Vedanta Q2 PAT seen up 88% at Rs 1282.8 cr: ICICI Securities

Sales are expected to increase by 7.7 percent Q-o-Q (down 6 percent Y-o-Y) to Rs 15548 crore, according to ICICI Securities.

 
 
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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 Vedanta Ltd to report net profit at Rs 1282.8 crore, up 88 percent quarter-on-quarter.


Sales are expected to increase by 7.7 percent Q-o-Q (down 6 percent Y-o-Y) to Rs 15548 crore, according to ICICI Securities.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 19.3 percent Q-o-Q (up 5 percent Y-o-Y) to Rs 4184 crore.

Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

First Published on Oct 8, 2016 03:54 pm
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