HEG Q4 PAT seen up 26.9% QoQ to Rs. 434 cr: ICICI Direct
ICICI Direct has come out with its fourth quarter (Jan-March’ 18) earnings estimates for the Metals & Mining sector. The brokerage house expects HEG to report net profit at Rs. 434 crore up 26.9% quarter-on-quarter.
Net Sales are expected to increase by 314.2 percent Y-o-Y (up 26.7 percent Q-o-Q) to Rs. 1,067.9 crore, according to ICICI Direct.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 2,090.3 percent Y-o-Y (up 16.3 percent Q-o-Q) to Rs. 648.3 crore.
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