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Last Updated : Apr 15, 2019 06:10 PM IST | Source: Moneycontrol.com

NMDC Q4 PAT seen up 31.7% YoY to Rs. 1,456.8 cr: ICICI Direct

Net Sales are expected to decrease by 2.1 percent Y-o-Y (up 4.2 percent Q-o-Q) to Rs. 3,801.7 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 NMDC to report net profit at Rs. 1,456.8 crore up 31.7% year-on-year (down 7.6% quarter-on-quarter).


Net Sales are expected to decrease by 2.1 percent Y-o-Y (up 4.2 percent Q-o-Q) to Rs. 3,801.7 crore, according to ICICI Direct.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 8.4 percent Y-o-Y (down 4.4 percent Q-o-Q) to Rs. 2,060.2 crore.


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First Published on Apr 15, 2019 06:10 pm
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