Amara Raja Q1 PAT seen up 35.5% YoY to Rs. 135.3 cr: ICICI

ICICI has come out with its first quarter (April-June’ 18) earnings estimates for the Auto & Auto Ancillary sector. The brokerage house expects Amara Raja to report net profit at Rs. 135.3 crore up 35.5% year-on-year (down 5.3% quarter-on-quarter).

Net Sales are expected to increase by 16.6 percent Y-o-Y (up 6.7 percent Q-o-Q) to Rs. 1,746.6 crore, according to ICICI.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 28.5 percent Y-o-Y (down 3.4 percent Q-o-Q) to Rs. 247.8 crore.

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