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HomeNewsBusinessStocksGraphite India Q3 PAT seen up 668% YoY to Rs. 177 cr: ICICI Direct

Graphite India Q3 PAT seen up 668% YoY to Rs. 177 cr: ICICI Direct

Net Sales are expected to increase by 53 percent Y-o-Y (up 11 percent Q-o-Q) to Rs. 765 crore, according to ICICI Direct.

January 19, 2022 / 16:12 IST
Graphite India  | In FY21 so far, the stock has risen 137 percent to Rs 301.05 as on January 25, 2021, from Rs 127.10 as on March 31, 2020. MFs increased their holding in each quarter of the fiscal - June quarter: 0.75% September quarter: 1.34%, and December quarter: 3.3%.
     
     
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    ICICI Direct has come out with its third quarter (October-December’ 21) earnings estimates for the Metals & Mining sector. The brokerage house expects Graphite India to report net profit at Rs.177 crore up 668% year-on-year (up 38% quarter-on-quarter).
    Net Sales are expected to increase by 53 percent Y-o-Y (up 11 percent Q-o-Q) to Rs. 765 crore, according to ICICI Direct.

    Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to (up 52 percent Q-o-Q) to Rs. 166 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.

    Broker Research
    first published: Jan 19, 2022 04:12 pm

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