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Oct 12, 2017 06:38 PM IST | Source: Moneycontrol.com

Tata Motors Q2 PAT may dip 38.7% YoY to Rs. 1608.5 cr: Edelweiss

Net Sales are expected to increase by 4.8 percent Y-o-Y (up 18.1 percent Q-o-Q) to Rs. 69072.2 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 Tata Motors to report net profit at Rs. 1608.5 crore down 38.7% year-on-year (up 250.4% quarter-on-quarter).


Net Sales are expected to increase by 4.8 percent Y-o-Y (up 18.1 percent Q-o-Q) to Rs. 69072.2 crore, according to Edelweiss.


Earnings before interest, tax, depreciation and amortization (EBITDA) are likely to fall by 12.8 percent Y-o-Y (up 42.2 percent Q-o-Q) to Rs. 7058.5 crore.


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