Amara Raja Batteries Q1 PAT seen up 111.3% YoY to Rs 132 cr: Sharekhan

Sharekhan has come out with its first quarter (April-June’ 21) earnings estimates for the Automobiles sector. The brokerage house expects Amara Raja Batteries to report net profit at Rs 132 crore up 111.3% year-on-year (down 30.1% quarter-on-quarter).

Net Sales are expected to increase by 53.4 percent Y-o-Y (down 16 percent Q-o-Q) to Rs 1,766 crore, according to Sharekhan.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 76 percent Y-o-Y (down 105 percent Q-o-Q) to Rs 14 crore.

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