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    HomeNewsBusinessStocksJindal Stainless Q1 PAT may dip 15.2% YoY to Rs. 630 cr: Prabhudas Lilladher

    Jindal Stainless Q1 PAT may dip 15.2% YoY to Rs. 630 cr: Prabhudas Lilladher

    Net Sales are expected to increase by 2.8 percent Y-o-Y (up 10.8 percent Q-o-Q) to Rs. 10,470 crore, according to Prabhudas Lilladher.

    Broker Research
    July 16, 2024 / 11:21 IST
    Jindal Stainless

    Jindal Stainless

    Prabhudas Lilladher has come out with its first quarter (April-June’ 25) earnings estimates for the Metal & Mining sector. The brokerage house expects Jindal Stainless to report net profit at Rs. 630 crore down 15.2% year-on-year (up 26.4% quarter-on-quarter).

    Net Sales are expected to increase by 2.8 percent Y-o-Y (up 10.8 percent Q-o-Q) to Rs. 10,470 crore, according to Prabhudas Lilladher.

    Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 3.7 percent Y-o-Y (up 10.9 percent Q-o-Q) to Rs. 1,150 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.

    Prabhudas_Metal & Mining

    Broker Research
    first published: Jul 16, 2024 11:21 am

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