Amara Raja Q2 PAT may dip 17.2% YoY to Rs. 105.3 cr: Motilal Oswal

Motilal Oswal has come out with its second quarter (July-September’ 18) earnings estimates for the Automobiles sector. The brokerage house expects Amara Raja to report net profit at Rs. 105.3 crore down 17.2% year-on-year (down 6.9% quarter-on-quarter).

Net Sales are expected to increase by 13 percent Y-o-Y (down 9.3 percent Q-o-Q) to Rs. 1,613.1 crore, according to Motilal Oswal.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 10.8 percent Y-o-Y (down 3.6 percent Q-o-Q) to Rs. 212.4 crore.

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