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Oct 12, 2017 06:19 PM IST | Source: Moneycontrol.com

Mahindra and Mahindra Q2 PAT seen up 13.1% YoY to Rs. 1417 cr: Edelweiss

Net Sales are expected to increase by 17.1 percent Y-o-Y (up 6 percent Q-o-Q) to Rs. 11908.1 crore, according to Edelweiss.

 
 
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Edelweiss has come out with its second quarter (July-September) earnings estimates for the Automobiles sector. The brokerage house expects Mahindra and Mahindra to report net profit at Rs. 1417 crore up 13.1% year-on-year (up 64.4% quarter-on-quarter).


Net Sales are expected to increase by 17.1 percent Y-o-Y (up 6 percent Q-o-Q) to Rs. 11908.1 crore, according to Edelweiss.


Earnings before interest, tax, depreciation and amortization (EBITDA) are likely to rise by 20 percent Y-o-Y (up 10.3 percent Q-o-Q) to Rs. 1762.4 crore.


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