Exide Industries Q1 PAT seen up 8.9% YoY to Rs. 205.8 cr: ICICI

ICICI has come out with its first quarter (April-June’ 18) earnings estimates for the Auto & Auto Ancillary sector. The brokerage house expects Exide Industries to report net profit at Rs. 205.8 crore up 8.9% year-on-year (up 7.3% quarter-on-quarter).

Net Sales are expected to increase by 16.8 percent Y-o-Y (down 2 percent Q-o-Q) to Rs. 2,456.8 crore, according to ICICI.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 9.4 percent Y-o-Y (up 9.6 percent Q-o-Q) to Rs. 354.8 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.