Cummins India Q3 PAT may dip 38% YoY to Rs. 125.4 cr: Yash Securities

Yash Securities has come out with its third quarter (October-December’ 20) earnings estimates for the Capital Goods & Defense sector. The brokerage house expects Cummins India to report net profit at Rs. 125.4 crore down 38% year-on-year (down 13.9% quarter-on-quarter).

Net Sales are expected to decrease by 13.5 percent Y-o-Y (up 8.4 percent Q-o-Q) to Rs. 1,257.7 crore, according to Yash Securities.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 334.4 percent Y-o-Y (down 292.9 percent Q-o-Q) to Rs. 144.6 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.