January 13, 2017 / 05:47 PM IST
Edelweiss has come out with its third quarter (October-December) earnings estimates for the Metals and Mining sector. The brokerage house expects
NMDC to report net profit at 799.9 crore up 3.8% quarter-on-quarter.
Net Sales are expected to increase by 41.3 percent Q-o-Q (up 62 percent Y-o-Y) to Rs 2457.4 crore, according to Edelweiss.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 30.3 percent Q-o-Q (up 67 percent Y-o-Y) to Rs 1075.8 crore.
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