Amara Raja Batteries Q2 PAT may dip 27.2% YoY to Rs 146.6 cr: Motilal Oswal

Motilal Oswal has come out with its second quarter (July-September’ 21) earnings estimates for the Automobiles sector. The brokerage house expects Amara Raja Batteries to report net profit at Rs 146.6 crore down 27.2% year-on-year (up 18.3% quarter-on-quarter).

Net Sales are expected to increase by 11 percent Y-o-Y (up 13.9 percent Q-o-Q) to Rs 2,148.8 crore, according to Motilal Oswal.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 18.5 percent Y-o-Y (up 11.1 percent Q-o-Q) to Rs 277.5 crore.

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