Cummins India Q4 PAT seen up 28.6% YoY to Rs. 155.9 cr: Motilal Oswal

Motilal Oswal has come out with its fourth quarter (January-March’ 21) earnings estimates for the Capital Goods sector. The brokerage house expects Cummins India to report net profit at Rs. 155.9 crore up 28.6% year-on-year (down 21.5% quarter-on-quarter).

Net Sales are expected to increase by 23.8 percent Y-o-Y (down 8.5 percent Q-o-Q) to Rs. 1,303.8 crore, according to Motilal Oswal.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 151.5 percent Y-o-Y (down 30.6 percent Q-o-Q) to Rs. 167.7 crore.

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