Eicher Motors Q4 PAT seen up 39.7% YoY to Rs. 852.3 cr: Motilal Oswal

Motilal Oswal has come out with its fourth quarter (January-March’ 23) earnings estimates for the Automobiles sector. The brokerage house expects Eicher Motors to report net profit at Rs. 852.3 crore up 39.7% year-on-year (up 15% quarter-on-quarter).

Net Sales are expected to increase by 17.8 percent Y-o-Y (up 1.1 percent Q-o-Q) to Rs. 3,760.4 crore, according to Motilal Oswal.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 16.7 percent Y-o-Y (up 3 percent Q-o-Q) to Rs. 883.3 crore.

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