NDTV Profit's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer NDTV Profit's subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Systematix Research Report
The metals and mining sector posted mixed-bag earnings during the quarter, largely in line with expectations. The preceding election period and planned maintenance shutdowns impacted production and sales volumes during the quarter, partially offset by incremental volumes from the commissioning of capacities indicating strong domestic demand.
Exports, however, remained subdued due to sluggish global activity and geopolitical disruptions. Ebitda margins were broadly flat sequentially due to lower input costs led by backward integrated operations and soft raw material prices.
We note that realisations averaged above expectations during the quarter with a greater share of downstream and value-added products.
Click on the attachment to read the full report:
DISCLAIMER
This report is authored by an external party. NDTV Profit does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of NDTV Profit.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.
Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.
