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Last Updated : Apr 15, 2019 06:12 PM IST | Source: Moneycontrol.com

Vedanta Q4 PAT may dip 77% YoY to Rs. 1,106.4 cr: ICICI Direct

Net Sales are expected to decrease by 16.9 percent Y-o-Y (down 3 percent Q-o-Q) to Rs. 22,961.1 crore, according to ICICI Direct.

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ICICI Direct has come out with its fourth quarter (January-March’ 19) earnings estimates for the Metals & Mining sector. The brokerage house expects Vedanta to report net profit at Rs. 1,106.4 crore down 77% year-on-year (down 29.7% quarter-on-quarter).


Net Sales are expected to decrease by 16.9 percent Y-o-Y (down 3 percent Q-o-Q) to Rs. 22,961.1 crore, according to ICICI Direct.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 30.1 percent Y-o-Y (down 3 percent Q-o-Q) to Rs. 5,477.2 crore.


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First Published on Apr 15, 2019 06:12 pm
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