ICICI Direct has come out with its fourth quarter (Jan-March 18) earnings estimates for the Metals & Mining sector. The brokerage house expects Coal India to report net profit at Rs. 3,214.2 crore up 18.3% year-on-year (up 7% quarter-on-quarter).
Net Sales are expected to decrease by 2.8 percent Y-o-Y (up 4.1 percent Q-o-Q) to Rs. 22,524.6 crore, according to ICICI Direct.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 40.7 percent Y-o-Y (up 3.2 percent Q-o-Q) to Rs. 4,766.6 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.