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    HomeNewsBusinessCummins India Q1 PAT seen up 21.1% YoY to Rs 382.4 cr: Motilal Oswal

    Cummins India Q1 PAT seen up 21.1% YoY to Rs 382.4 cr: Motilal Oswal

    Net Sales are expected to decrease by 5.9 percent Y-o-Y (down 10.2 percent Q-o-Q) to Rs 2,078.8 crore, according to Motilal Oswal.

    Broker Research
    July 12, 2024 / 15:24 IST
    Cummins India

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    Motilal Oswal has come out with its first quarter (April - June’ 25) earnings estimates for the Capital Goods sector. The brokerage house expects Cummins India to report net profit at Rs 382.4 crore up 21.1% year-on-year (down 31.9% quarter-on-quarter).

    Net Sales are expected to decrease by 5.9 percent Y-o-Y (down 10.2 percent Q-o-Q) to Rs 2,078.8 crore, according to Motilal Oswal.

    Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 21.4 percent Y-o-Y (down 24 percent Q-o-Q) to Rs 413.5 crore.

    Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

    Motilal_Capital Goods

    Broker Research
    first published: Jul 12, 2024 03:24 pm

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