Breaking News

NMDC Q3 PAT May Dip 11% YoY To Rs.1,880 Cr: ICICI Direct

    live

  • bselive
  • nselive

Volume Todays L/H More

ICICI Direct has come out with its third quarter (October-December’ 21) earnings estimates for the Metals & Mining sector. The brokerage house expects NMDC to report net profit at Rs.1,880 crore down 11% year-on-year (down 20% quarter-on-quarter).

Net Sales are expected to increase by 44 percent Y-o-Y (down 8 percent Q-o-Q) to Rs. 6,282 crore, according to ICICI Direct.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 10 percent Y-o-Y (down 20 percent Q-o-Q) to Rs. 2,480 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.

[var1]

Read More Read More

%d bloggers like this: