Amara Raja Q3 PAT may dip 30.9% YoY to Rs. 133.4 cr: Motilal Oswal

Motilal Oswal has come out with its third quarter (October-December’ 21) earnings estimates for the Auto & Auto Ancillary sector. The brokerage house expects Amara Raja to report net profit at Rs. 133.4 crore down 30.9% year-on-year (down 7.4% quarter-on-quarter).

Net Sales are expected to increase by 18 percent Y-o-Y (up 2.2 percent Q-o-Q) to Rs. 2,312.9 crore, according to Motilal Oswal.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 16.4 percent Y-o-Y (down 4.8 percent Q-o-Q) to Rs. 256.1 crore.

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