Jan 14, 2017 01:41 PM IST IST | 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.

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.

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.
Sections
Follow us on
Available On