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Ushdev is looking at adding zinc and aluminium to its portfolio as there is an opportunity in a market where it already has over 40 percent market share (for copper)
While copper, aluminium segments may not put up a good show for Sterlite, bulk of EBITDA is expected to come from zinc, lead and silver division, say analysts. Have a look at segment-wise likely performance of Sterlite
Nirmal Bang expects Sterlite Industries to report a 46 percent degrowth quarter-on-quarter (degrowth of 19 percent year-on-year) in net profit at Rs 902.7 crore.
Motilal Oswal expects Sterlite Industries to report a 37.8 percent degrowth quarter-on-quarter (degrowth of 13.9 percent year-on-year) in net profit at Rs 1221.1 crore.
According to a CNBC-TV18 poll, Sterlite will post 15.3 percent year-on-year jump in Q4 profit to Rs 1472 crore of which Rs 1400 crore is expected to come from Hindustan Zinc. Sales will climb 4 percent to Rs 11190 crore. EBITDA is seen going down 10 percent to Rs 2675 crore.
Sterlite Industries (India), a subsidiary of Vedanta Resources, is set to declare its results for the third quarter of financial year 2012-13 on Tuesday. Analysts on an average expect profit after tax to grow by 41 percent year-on-year to Rs 1,288 crore in the quarter.
Sterlite Industries, a subsidiary of London Stock Exchange-listed Vedanta Resources, is expected to report a growth of 20 percent year-on-year in its profit after tax of Rs 1,205 crore in the July-September quarter of FY13 due to expected forex gain.
Sterlite Industries, a subsidiary of London Stock Exchange-listed Vedanta Resources, is expected to report a growth of 20 percent year-on-year in its profit after tax of Rs 1,205 crore in the July-September quarter of FY13 due to expected forex gain.
KR Choksey has come with its September quarterly earning estimates for power and capital goods sector. According to research firm, the sales growth is expected on back of carry forward orders.
The management of Vedanta Resources re-iterated that plans to consolidate and simplify the company's structure were on track for completion in the last quarter of FY12 as it has received shareholder approval and the go-ahead from the Foreign Investment Promotion Board during the quarter.
Sterlite Industries, India's largest non-ferrous metals and mining company, will announce its results today for the quarter ended June 2012. Analysts on an average expected profit after tax to fall by 29.9% year-on-year and 10% quarter-on-quarter to Rs 1,149.6 crore during the quarter.
Prabhudas Lilladher has come with its June quarterly earning estimates for metal & mining sector. The research firm maintain negative outlook on the sector as deteriorating demand environment raises downside risks to steel pricing.
CNBC-TV18 expects the Vedanta Group company Sterlite Industries to report a decline of 35% YOY in its profit after tax of Rs 1,249 crore for the fourth quarter of FY12.
CNBC-TV18 expects the Vedanta Group company Sterlite Industries to report a decline of 35% YOY in its profit after tax of Rs 1,249 crore for the fourth quarter of FY12.
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.
Sterlite Industries' profit after tax is expected to go down 9% to Rs 1,001 crore in the third quarter of FY12 as against Rs 1,101.06 crore in the corresponding quarter of last fiscal.
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.
Emkay Global Financial Services has come with its December quarterly earning estimates for Metals and Mining sector. According to the research firm, during Q3FY12, the sector is expected to post a revenue growth of 7% on YoY basis and a decline of 5% on a QoQ basis.
ITC, Sterlite Industries and Titan Industries are set to announce their second quarter numbers of FY12 today.
Vedanta Group company Sterlite Industries is expected to report a profit after tax of Rs 1,445 crore for the second quarter of FY12, a growth of 43.3% as compared to Rs 1,008 crore in the corresponding quarter of last fiscal.
Motilal Oswal has come out with its earning estimates on Metal sector for the quarter ended September 2011. According to the research firm, Sterlite Industries September quarter net sales are expected to go up by 61.4% at Rs 9821.3 crore, year-on-year, (YoY) basis.
Prabhudas Lilladher has come out with its earning estimates on metals & mining sector for the quarter ended September 2011. According to the research firm, Sterlite Industries September quarter net sales are expected to go up by 63.8% at Rs 9874.7 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, Sterlite Industries (India) September quarter net sales are expected to go up by 61.3% at Rs 9,726 crore, year-on-year (YoY) basis.
Dolat Capital has come out with its earning estimates on metal sector for the quarter ended September 2011. According to the research firm, Sterlite Ind September quarter sales are expected to go up by 61.1% at Rs 9712.3 crore, year-on-year (YoY) basis.