Atul Auto Q4 PAT seen up 146.4% YoY to Rs. 20 cr: HDFC Securities

HDFC Securities has come out with its fourth quarter (Jan-March’ 18) earnings estimates for the Auto sector. The brokerage house expects Atul Auto to report net profit at Rs. 20 crore up 146.4% year-on-year (up 57.5% quarter-on-quarter).

Net Sales are expected to increase by 45.1 percent Y-o-Y (up 17.2 percent Q-o-Q) to Rs. 150 crore, according to HDFC Securities.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 125.2 percent Y-o-Y (up 48.6 percent Q-o-Q) to Rs. 23 crore.

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