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State-owned National Aluminium Company has a "comfortable" coal inventory at an average of 18-19 days and should be able to manage the upcoming monsoon season, BL Bagra, CMD and Director (Finance) told CNBC-TV18.
State-owned NALCO (National Aluminium Company) is expected to report a profit after tax of Rs 120 crore for the fourth quarter of FY12, down 61% as compared to Rs 305.3 crore in a year ago period, according to CNBC-TV18 poll.
State-owned NALCO (National Aluminium Company) is expected to report a profit after tax of Rs 120 crore for the fourth quarter of FY12, down 61% as compared to Rs 305.3 crore in a year ago period, according to CNBC-TV18 poll.
Motilal Oswal has come with its March quarterly earning estimates for Metals sector. As per the research firm, steel prices are expected to soften gradually due to demand slow down in China due to falling fixed asset investment.
Angel Broking has come with its December quarterly earning estimates for Metal sector. According to the research firm, for Q3FY12, the steel space will continue to face challenges (as witnessed in 2QFY2012) amid high raw-material costs, low demand and ongoing European debt crisis.
Motilal Oswal has come with its December quarterly earning estimates for Metals sector.
Nalco's second quarter results were well below the street’s estimates in terms of earnings. Chairman and director of finance BL Bagra indicated that the margins were hit because the supply from Mahanadi coal was disrupted. Nalco has been targeting 30,000-60,000 tonne of additional alumina sale in Q3.
Motilal Oswal has come out with its earning estimates on Metal sector for the quarter ended September 2011. According to the research firm, Nalco September quarter net sales are expected to go up by 14.8% at Rs 1698.4 crore, year-on-year, (YoY) basis.
Angel Broking has come out with its earning estimates on metals sector for the quarter ended September 2011. According to the research firm, NalcoSeptember quarter net sales are expected to go down by 1% at Rs 1,440 crore, year-on-year (YoY) basis.
Angel Broking has come out with its earning estimates on metals sector for the quarter ended June 2011. According to the research firm, Nalco June quarter net sales are expected to go up by 31.5% at Rs 1,698 crore, year-on-year, (YoY) basis.
BL Bagra, director finance of NALCO, in an interview with CNBC-TV18's Udayan Mukherjee and Sonia Shenoy, said the fourth quarter realisations are at the same level as the last year. He added that the company has commissioned 120 megawatt units as part of expansion project.
Hindustan Copper Ltd (HCL) has reported their Q4 results for FY11. They posted a 33.54% drop in their net profit at Rs 61 crore as compared to Rs 91 crore last year same period. Their topline decreased to Rs 285 crore as against Rs 408 crore.
Angel Broking has come out with its earning estimates on metal sector for the quarter ended March 2011. According to the research firm, Nalco March quarter net sales are expected to go down by 4.3% at Rs 1,535 crore, year-on-year, (YoY) basis.
Motilal Oswal has come out with its earning estimates on metals sector for the quarter ended March 2011. According to the research firm, NALCO March quarter sales are expected to go up by 9.6% at Rs 1782.4 crore, year-on-year, (YoY) basis.
PINC Research has come out with its earning estimates on Metal-Non-Ferrous sector for the quarter ended March 2011. According to the research firm, Nalco March quarter revenue are expected to go up by 7% at Rs 1740 crore, Year-on- Year, (YoY) basis.
In an interview with CNBC-TV18, Amar Ambani, vice president of research at IIFL India, spoke about his hits and misses from third quarter earnings and his outlook for the companies.
BL Bagra, the director finance of the company, told CNBC-TV18 that a price revision in raw materials is urgently needed to ease some of the pressures the company is facing.
State-run manufacturer and distributor of aluminum products Nalco is set to announce its results for the quarter ended December 2010. According to CNBC-TV18 estimates, its net profit is expected to go up at Rs 312.5 crore in third quarter as against Rs 224.04 crore in previous quarter.
Angel Broking has come out with its earning estimates on Metal sector for the quarter ended December 2010. According to the research firm, Nalco December quarter sales are expected to go up by 20.7% at Rs 1673 crore, Year-on-Year, (YoY) basis.
PINC Research has come out with its earning estimates on metal sector for the quarter ended December 2010. According to the research firm, Nalco December quarter sales are expected to go up by 6.3 % to Rs 1474.1 crore, Year-on-Year, (Y-o-Y) basis.