Exide Industries Q3 PAT seen up 6.6% YoY to Rs. 256.1 cr: PL Capital

PL Capital has come out with its third quarter (October-December’ 24) earnings estimates for the Automobiles sector. The brokerage house expects Exide Industries to report net profit at Rs. 256.1 crore up 6.6% year-on-year (down 14% quarter-on-quarter).

Net Sales are expected to increase by 6 percent Y-o-Y (down 4.6 percent Q-o-Q) to Rs. 4,071 crore, according to PL Capital.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 4.1 percent Y-o-Y (down 5.3 percent Q-o-Q) to Rs. 458 crore.

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