Ratnamani Metals and Tube Q3 PAT seen up 64% YoY to Rs. 99 cr: ICICI Direct

Trade

• Watchlist
• Portfolio
• Message
• Set Alert

 

 

live

• bselive
• nselive

Volume

Todays L/H

More

×

ICICI Direct has come out with its third quarter (October-December’ 21) earnings estimates for the Metals & Mining sector. The brokerage house expects Ratnamani Metals and Tube to report net profit at Rs.99 crore up 64% year-on-year (up -37% quarter-on-quarter).

Net Sales are expected to increase by 98 percent Y-o-Y (up 22 percent Q-o-Q) to Rs. 872 crore, according to ICICI Direct.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 77 percent Y-o-Y (up 28 percent Q-o-Q) to Rs. 142 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.

Read More