English
Specials
    Go Ad-Free
    My Alerts
    Moneycontrol
    Moneycontrol PRO
    HomeNewsBusinessStocksSAIL Q3 PAT seen up 66% YoY to Rs. 2,125 cr: ICICI Direct

    SAIL Q3 PAT seen up 66% YoY to Rs. 2,125 cr: ICICI Direct

    Net Sales are expected to increase by 28 percent Y-o-Y (down 6 percent Q-o-Q) to Rs. 25,337 crore, according to ICICI Direct.

    Broker Research
    January 19, 2022 / 16:11 IST
    (Image: PTI)

    (Image: PTI)

     
     
    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 SAIL to report net profit at Rs.2,125 crore up 66% year-on-year (down 51% quarter-on-quarter).

    Net Sales are expected to increase by 28 percent Y-o-Y (down 6 percent Q-o-Q) to Rs. 25,337 crore, according to ICICI Direct.

    Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 17 percent Y-o-Y (down 40 percent Q-o-Q) to Rs. 4,190 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 Read More

    Broker Research
    first published: Jan 19, 2022 04:11 pm

    Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

    Subscribe to Tech Newsletters

    • On Saturdays

      Find the best of Al News in one place, specially curated for you every weekend.

    • Daily-Weekdays

      Stay on top of the latest tech trends and biggest startup news.

    Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347