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Balkrishna Industries Q2 PAT seen up 3% YoY to Rs 349.6 cr: Motilal Oswal

Net Sales are expected to increase by 18 percent Y-o-Y (up 0.1 percent Q-o-Q) to Rs 1,830.3 crore, according to Motilal Oswal.

October 08, 2021 / 03:57 PM IST
 
 
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Motilal Oswal has come out with its second quarter (July-September’ 21) earnings estimates for the Automobiles sector. The brokerage house expects Balkrishna Industries to report net profit at Rs 349.6 crore up 3% year-on-year (down 2.2% quarter-on-quarter).


Net Sales are expected to increase by 18 percent Y-o-Y (up 0.1 percent Q-o-Q) to Rs 1,830.3 crore, according to Motilal Oswal.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 3.2 percent Y-o-Y (down 0.3 percent Q-o-Q) to Rs 526.2 crore.


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