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    HomeNewsBusinessEarningsApollo Tyres Q4 PAT seen up 197.8% YoY to Rs. 338.2 cr: Motilal Oswal

    Apollo Tyres Q4 PAT seen up 197.8% YoY to Rs. 338.2 cr: Motilal Oswal

    Net Sales are expected to increase by 13.3 percent Y-o-Y (down 1.6 percent Q-o-Q) to Rs. 6,322.3 crore, according to Motilal Oswal.

    Broker Research
    April 20, 2023 / 11:33 IST
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    Motilal Oswal has come out with its fourth quarter (January-March’ 23) earnings estimates for the Automobiles sector. The brokerage house expects Apollo Tyres to report net profit at Rs. 338.2 crore up 197.8% year-on-year (up 15.8% quarter-on-quarter).

    Net Sales are expected to increase by 13.3 percent Y-o-Y (down 1.6 percent Q-o-Q) to Rs. 6,322.3 crore, according to Motilal Oswal.

    Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 55.4 percent Y-o-Y (up 6.6 percent Q-o-Q) to Rs. 973.3 crore.

    Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

    Motilal_Automobiles

    Broker Research
    first published: Apr 20, 2023 11:33 am

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