January 17, 2017 / 12:51 PM IST
Religare has come out with its third quarter (October-December) earnings estimates for the India Metals sector. The brokerage house expects
Tata Steel to report net profit seen at Rs. 370 crore quarter-on-quarter.
Net Sales are expected to increase by 9.6 percent Q-o-Q (up 7.4 percent Y-o-Y) to Rs 30110 crore, according to Religare.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 20 percent Q-o-Q (up 359.6 percent Y-o-Y) to Rs 3570 crore.
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