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    HomeNewsBusinessEarningsEndurance Tech Q1 PAT seen up 7.7% YoY to Rs. 123.6 cr: Nirmal Bang

    Endurance Tech Q1 PAT seen up 7.7% YoY to Rs. 123.6 cr: Nirmal Bang

    Net Sales are expected to increase by 11.9 percent Y-o-Y (up 8.9 percent Q-o-Q) to Rs. 1,739.1 crore, according to Nirmal Bang.

    Broker Research
    July 12, 2023 / 11:26 IST
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      Nirmal Bang has come out with its first quarter (April-June’ 24) earnings estimates for the Auto & Auto ancillary sector. The brokerage house expects Endurance tech to report net profit at Rs. 123.6 crore up 7.7% year-on-year (up 34.1% quarter-on-quarter).

      Net Sales are expected to increase by 11.9 percent Y-o-Y (up 8.9 percent Q-o-Q) to Rs. 1,739.1 crore, according to Nirmal Bang.

      Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 12.7 percent Y-o-Y (up 24.8 percent Q-o-Q) to Rs. 221.8 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.

      Nirmal bang_Auto & Ancillary

      Broker Research
      first published: Jul 12, 2023 11:22 am

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