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Jan 14, 2017, 01.41 PM | Source: Moneycontrol.com

Cummins India Q3 PAT may dip 13% to Rs 172 cr: ICICI Securities

Net Sales are expected to decrease by 7.4 percent Q-o-Q (up 3.2 percent Y-o-Y) to Rs 1184.1 crore, according to ICICI Securities.

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Cummins India Q3 PAT may dip 13% to Rs 172 cr: ICICI Securities

Net Sales are expected to decrease by 7.4 percent Q-o-Q (up 3.2 percent Y-o-Y) to Rs 1184.1 crore, according to ICICI Securities.

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ICICI Securities (more)

, ICICI Securities |

ICICI Securities has come out with its third quarter (October-December) earnings estimates for the Capital goods sector. The brokerage house expects Cummins India to report net profit at 171.9 crore down 12.7% quarter-on-quarter.

Net Sales are expected to decrease by 7.4 percent Q-o-Q (up 3.2 percent Y-o-Y) to Rs 1184.1 crore, according to ICICI Securities.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 8.4 percent Q-o-Q (up 6.6 percent Y-o-Y) to Rs 182.2 crore.

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