Tata Steel (Consolidated) Q4 PAT may dip 31.4% YoY to Rs. 2,415.6 cr: Prabhudas Lilladher

Net Sales are expected to increase by 25.9 percent Y-o-Y (up 10.4 percent Q-o-Q) to Rs. 45,486.2 crore, according to Prabhudas Lilladher.

Prabhudas Lilladher has come out with its fourth quarter (January-March’ 19) earnings estimates for the Metals & Mining sector. The brokerage house expects Tata Steel (Consolidated) to report net profit at Rs. 2,415.6 crore down 31.4% year-on-year (up 6.2% quarter-on-quarter).

Net Sales are expected to increase by 25.9 percent Y-o-Y (up 10.4 percent Q-o-Q) to Rs. 45,486.2 crore, according to Prabhudas Lilladher.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 4.6 percent Y-o-Y (up 1.1 percent Q-o-Q) to Rs. 6,794.9 crore.

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