Moneycontrol PRO
Check Credit Score
Check Credit Score
HomeNewsBusinessEarnings

Graphite India Q1 PAT may dip 63.8% YoY to Rs. 310.7 cr: ICICI Direct

Net Sales are expected to decrease by 27.6 percent Y-o-Y (down 24 percent Q-o-Q) to Rs. 1,286 crore, according to ICICI Direct.

July 10, 2019 / 05:29 PM IST
 
 
live
  • bselive
  • nselive
Volume
Todays L/H
More

ICICI Direct has come out with its first quarter (April-June’ 19) earnings estimates for the Metals & Mining sector. The brokerage house expects Graphite India to report net profit at Rs. 310.7 crore down 63.8% year-on-year (down 44.7% quarter-on-quarter).

Net Sales are expected to decrease by 27.6 percent Y-o-Y (down 24 percent Q-o-Q) to Rs. 1,286 crore, according to ICICI Direct.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 66.2 percent Y-o-Y (down 49.2 percent Q-o-Q) to Rs. 439 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.

Moneycontrol News

Discover the latest business news, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347