Amara Raja Q4 PAT seen up 43.9% YoY to Rs 143 cr: ICICI Direct

ICICI Direct has come out with its fourth quarter (Jan-March’ 18) earnings estimates for the Auto & Auto Ancillary sector. The brokerage house expects Amara Raja to report net profit at Rs. 143 crore up 43.9% year-on-year (up 6.3% quarter-on-quarter).

Net Sales are expected to increase by 21.8 percent Y-o-Y (up 5.4 percent Q-o-Q) to Rs. 1,637.2 crore, according to ICICI Direct.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 38.9 percent Y-o-Y (up 6.1 percent Q-o-Q) to Rs. 256.4 crore.

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