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Last Updated : Apr 15, 2019 06:08 PM IST | Source: Moneycontrol.com

JSW Steel Q4 PAT may dip 51% YoY to Rs. 1,402.8 cr: ICICI Direct

Net Sales are expected to increase by 1.1 percent Y-o-Y (up 3.6 percent Q-o-Q) to Rs. 21,048.5 crore, according to ICICI Direct.

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ICICI Direct has come out with its fourth quarter (January-March’ 19) earnings estimates for the Metals & Mining sector. The brokerage house expects JSW Steel to report net profit at Rs. 1,402.8 crore down 51% year-on-year (down 12.5% quarter-on-quarter).


Net Sales are expected to increase by 1.1 percent Y-o-Y (up 3.6 percent Q-o-Q) to Rs. 21,048.5 crore, according to ICICI Direct.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 22.5 percent Y-o-Y (down 8.9 percent Q-o-Q) to Rs. 4,100 crore.


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First Published on Apr 15, 2019 06:08 pm
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