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HomeNewsBusinessEarningsCEAT Q3 PAT may dip 11.5% YoY to Rs. 65.9 cr: Chola Securities

CEAT Q3 PAT may dip 11.5% YoY to Rs. 65.9 cr: Chola Securities

Net Sales are expected to increase by 12 percent Y-o-Y (up 0.5 percent Q-o-Q) to Rs. 1,763 crore, according to Chola Securities.

January 16, 2019 / 18:35 IST
     
     
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    Chola Securities has come out with its third quarter (October-December’ 18) earnings estimates for the Auto & Auto Ancillary sector. The brokerage house expects CEAT to report net profit at Rs. 65.9 crore down 11.5% year-on-year (up 15.1% quarter-on-quarter).

    Net Sales are expected to increase by 12 percent Y-o-Y (up 0.5 percent Q-o-Q) to Rs. 1,763 crore, according to Chola Securities.

    Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 13.2 percent Y-o-Y (up 1.9 percent Q-o-Q) to Rs. 162.2 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.

    Moneycontrol News
    first published: Jan 16, 2019 06:35 pm

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