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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ICICI Direct - All Sectors Q4 Estimates
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