HomeNewsBusinessAmara Raja Energy Q3 PAT may dip 4.6% YoY to Rs 212.7 cr: Motilal Oswal

Amara Raja Energy Q3 PAT may dip 4.6% YoY to Rs 212.7 cr: Motilal Oswal

Net Sales are expected to increase by 8 percent Y-o-Y (up 1.3 percent Q-o-Q) to Rs 2,848.2 crore, according to Motilal Oswal.

January 11, 2024 / 18:27 IST
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Amara Raja Energy
Amara Raja Energy

Motilal Oswal has come out with its third quarter (October - December’ 24) earnings estimates for the AUTOMOBILES sector. The brokerage house expects Amara Raja Energy to report net profit at Rs 212.7 crore down 4.6% year-on-year (down 0.8% quarter-on-quarter).

Net Sales are expected to increase by 8 percent Y-o-Y (up 1.3 percent Q-o-Q) to Rs 2,848.2 crore, according to Motilal Oswal.

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Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 3.1 percent Y-o-Y (down 0.6 percent Q-o-Q) to Rs 384.5 crore.

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