Moneycontrol
Jan 12, 2017 01:32 PM IST | Source: Moneycontrol.com

Balkrishna Inds. Q3 PAT may dip 10.4% to Rs 217.5 cr: KR Choksey

Net Sales are expected to decrease by 5.1 percent Q-o-Q (up 18 percent Y-o-Y) to Rs 884.8 crore, according to KR Choksey.

 
 
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KR Choksey has come out with its third quarter (October-December) earnings estimates for the Auto & Auto Ancillary sector. The brokerage house expects Balkrishna Industries to report net profit at 217.5 crore down 10.4% quarter-on-quarter.


Net Sales are expected to decrease by 5.1 percent Q-o-Q (up 18 percent Y-o-Y) to Rs 884.8 crore, according to KR Choksey.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 10.6 percent Q-o-Q (up 49.4 percent Y-o-Y) to Rs 274.8 crore.

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