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Bharat Forge Q2 PAT seen up 224.2% YoY to Rs 234.9 cr: Motilal Oswal

Net Sales are expected to increase by 62.3 percent Y-o-Y (up 4.3 percent Q-o-Q) to Rs 1,430.6 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 Bharat Forge to report net profit at Rs 234.9 crore up 224.2% year-on-year (up 9.7% quarter-on-quarter).


Net Sales are expected to increase by 62.3 percent Y-o-Y (up 4.3 percent Q-o-Q) to Rs 1,430.6 crore, according to Motilal Oswal.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 139.3 percent Y-o-Y (up 1.4 percent Q-o-Q) to Rs 397.2 crore.


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