Ashok Leyland Q3 PAT seen up 14.9% YoY to Rs. 667.1 cr: PL Capital

PL Capital has come out with its third quarter (October-December’ 24) earnings estimates for the Automobiles sector. The brokerage house expects Ashok Leyland to report net profit at Rs. 667.1 crore up 14.9% year-on-year (down 1.8% quarter-on-quarter).

Net Sales are expected to decrease by 0.9 percent Y-o-Y (up 4.8 percent Q-o-Q) to Rs. 9,187.3 crore, according to PL Capital.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 0.2 percent Y-o-Y (up 9.3 percent Q-o-Q) to Rs. 11,117 crore.

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