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Last Updated : Jul 17, 2018 03:43 PM IST | Source: Moneycontrol.com

Balkrishna Industries Q1 PAT seen up 42.6% YoY to Rs. 228.3 cr: Kotak

Net Sales are expected to increase by 24.2 percent Y-o-Y (up 0.9 percent Q-o-Q) to Rs. 1,318.9 crore, according to Kotak.

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Kotak has come out with its first quarter (April-June’ 18) earnings estimates for the Automobiles sector. The brokerage house expects Balkrishna Industries to report net profit at Rs. 228.3 crore up 42.6% year-on-year (up 11.9% quarter-on-quarter).


Net Sales are expected to increase by 24.2 percent Y-o-Y (up 0.9 percent Q-o-Q) to Rs. 1,318.9 crore, according to Kotak.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 40.8 percent Y-o-Y (up 6.3 percent Q-o-Q) to Rs. 400.3 crore.


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First Published on Jul 17, 2018 03:43 pm
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