Bharat Forge Q3 PAT seen up 28.8% YoY to Rs. 3,148 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 Bharat Forge to report net profit at Rs. 3,148 crore up 28.8% year-on-year (up 29.2% quarter-on-quarter).

Net Sales are expected to increase by 13.2 percent Y-o-Y (up 18.7 percent Q-o-Q) to Rs. 43,768 crore, according to PL Capital.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 9.8 percent Y-o-Y (up 18.3 percent Q-o-Q) to Rs. 765.9 crore.

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