Bharat Forge Q3 PAT may dip 1.7% to Rs 124.8 cr: KR Choksey

Net Sales are expected to increase by 1.3 percent Q-o-Q (down 9.9 percent Y-o-Y) to Rs 948 crore, according to KR Choksey.

January 12, 2017 / 13:29 IST

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KR Choksey has come out with its third quarter (October-December) earnings estimates for the Auto & Auto Ancillary sector. The brokerage house expects Bharat Forge to report net profit at 124.8 crore down 1.7% quarter-on-quarter.

Net Sales are expected to increase by 1.3 percent Q-o-Q (down 9.9 percent Y-o-Y) to Rs 948 crore, according to KR Choksey.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 7.1 percent Q-o-Q (down 16.3 percent Y-o-Y) to Rs 265.4 crore.

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first published: Jan 12, 2017 01:29 pm

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