Coal India Q2 PAT seen up 236.4% YoY to Rs. 2019.2 cr: Edelweiss

Edelweiss has come out with its second quarter (July-September) earnings estimates for the Metals and Mining sector. The brokerage house expects Coal India to report net profit at Rs. 2019.2 crore up 236.4% year-on-year (down 14.1% quarter-on-quarter).

Net Sales are expected to increase by 23.9 percent Y-o-Y (down 2.3 percent Q-o-Q) to Rs. 20087.8 crore, according to Edelweiss.

Earnings before interest, tax, depreciation and amortization (EBITDA) are likely to rise by 235.8 percent Y-o-Y (down 29.2 percent Q-o-Q) to Rs. 2493.4 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.