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Last Updated : Apr 18, 2019 03:56 PM IST | Source: Moneycontrol.com

Ashok Leyland Q4 PAT seen up 9.1% YoY to Rs. 721.5 cr: Sharekhan

Net Sales are expected to increase by 5.6 percent Y-o-Y (up 46.5 percent Q-o-Q) to Rs. 9,265.6 crore, according to Sharekhan.

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Sharekhan has come out with its fourth quarter (January-March’ 19) earnings estimates for the Automobiles sector. The brokerage house expects Ashok Leyland to report net profit at Rs. 721.5 crore up 9.1% year-on-year (up 86% quarter-on-quarter).


Net Sales are expected to increase by 5.6 percent Y-o-Y (up 46.5 percent Q-o-Q) to Rs. 9,265.6 crore, according to Sharekhan.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 16.4 percent Y-o-Y (down 166.6 percent Q-o-Q) to Rs. 11.9 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.

First Published on Apr 18, 2019 03:56 pm
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