Cummins India Q3 PAT may dip 3% YoY to Rs 349.4 cr: Prabhudas Lilladher

Prabhudas Lilladher has come out with its third quarter (October - December’ 24) earnings estimates for the CAPITAL GOODS sector. The brokerage house expects Cummins India to report net profit at Rs 349.4 crore down 3% year-on-year (up 6.4% quarter-on-quarter).

Net Sales are expected to increase by 9.1 percent Y-o-Y (up 25.2 percent Q-o-Q) to Rs 2,379.1 crore, according to Prabhudas Lilladher.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 0.7 percent Y-o-Y (up 22.6 percent Q-o-Q) to Rs 415.2 crore.

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