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Thursday, July 14, 2022

JSW Steel Q1 PAT may dip 67.1% YoY to Rs. 1,943.6 cr: Prabhudas Lilladher - Moneycontrol

Net Sales are expected to increase by 39.2 percent Y-o-Y (down 14.2 percent Q-o-Q) to Rs. 40,222.7 crore, according to Prabhudas Lilladher.

Broker Research

July 14, 2022 / 11:05 PM IST

jsw_steel_metals_slide_image_300_64054576

jsw_steel_metals_slide_image_300_64054576

Prabhudas Lilladher has come out with its first quarter (April-June’ 22) earnings estimates for the Metal & Mining sector. The brokerage house expects JSW Steel to report net profit at Rs. 1,943.6 crore down 67.1% year-on-year (down 48.2% quarter-on-quarter).

Net Sales are expected to increase by 39.2 percent Y-o-Y (down 14.2 percent Q-o-Q) to Rs. 40,222.7 crore, according to Prabhudas Lilladher.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 41.9 percent Y-o-Y (down 35 percent Q-o-Q) to Rs. 5,968.7 crore.

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JSW Steel Q1 PAT may dip 67.1% YoY to Rs. 1,943.6 cr: Prabhudas Lilladher - Moneycontrol
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