Chola Securities has come out with its third quarter (October-December’ 18) earnings estimates for the Auto & Auto Ancillary sector. The brokerage house expects Amara Raja to report net profit at Rs. 125.8 crore down 6.4% year-on-year (up 4.7% quarter-on-quarter).
Net Sales are expected to increase by 13.5 percent Y-o-Y (up 0.6 percent Q-o-Q) to Rs. 1,763.2 crore, according to Chola Securities.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 2.2 percent Y-o-Y (up 4.3 percent Q-o-Q) to Rs. 246.8 crore.
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Chola Securities Earnings Estimates - Auto Sector
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