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Last Updated : Oct 10, 2019 01:29 PM IST | Source: Moneycontrol.com

Eicher Motors Q2 PAT may dip 17.5% YoY to Rs. 452.5 cr: ICICI Direct

Net Sales are expected to decrease by 12.3 percent Y-o-Y (down 11.3 percent Q-o-Q) to Rs. 2,112.7 crore, according to ICICI Direct.

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ICICI Direct has come out with its second quarter (July-September’ 19) earnings estimates for the Auto & Auto Ancillary sector. The brokerage house expects Eicher Motors to report net profit at Rs. 452.5 crore down 17.5% year-on-year (up 0.2% quarter-on-quarter).


Net Sales are expected to decrease by 12.3 percent Y-o-Y (down 11.3 percent Q-o-Q) to Rs. 2,112.7 crore, according to ICICI Direct.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 27.1 percent Y-o-Y (down 13.5 percent Q-o-Q) to Rs. 531.7 crore.


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First Published on Oct 10, 2019 01:29 pm
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