Graphite India Q1 PAT to Rs. 149 cr: ICICI Direct

ICICI Direct has come out with its first quarter (April-June’ 21) earnings estimates for the Metal and Mining sector. The brokerage house expects Graphite India to report net profit at Rs. 149 crore (up 133% quarter-on-quarter).

Net Sales are expected to increase by 49 percent Y-o-Y (up 8 percent Q-o-Q) to Rs. 610 crore, according to ICICI Direct.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to (up 123 percent Q-o-Q) to Rs. 174 crore.

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