HomeNewsBusinessEarningsVedanta Q3 PAT may dip 24.3% YoY to Rs. 3,231.2 cr: Motilal Oswal

Vedanta Q3 PAT may dip 24.3% YoY to Rs. 3,231.2 cr: Motilal Oswal

Net Sales are expected to decrease by 4.2 percent Y-o-Y (down 10.9 percent Q-o-Q) to Rs. 32,651.6 crore, according to Motilal Oswal.

January 20, 2023 / 12:19 IST
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Vedanta said the approval of National Company Law Tribunal is pending.
Vedanta said the approval of National Company Law Tribunal is pending.

Motilal Oswal has come out with its third quarter (October-December’ 22) earnings estimates for the Metals sector. The brokerage house expects Vedanta to report net profit at Rs. 3,231.2 crore down 24.3% year-on-year (up 105.3% quarter-on-quarter).

Net Sales are expected to decrease by 4.2 percent Y-o-Y (down 10.9 percent Q-o-Q) to Rs. 32,651.6 crore, according to Motilal Oswal.

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Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 13.5 percent Y-o-Y (up 21.5 percent Q-o-Q) to Rs. 9,352.5 crore.

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