Sharekhan has come out with its fourth quarter (January-March’ 19) earnings estimates for the Automobiles sector. The brokerage house expects Exide Industries to report net profit at Rs. 204.7 crore up 8% year-on-year (up 32% quarter-on-quarter).
Net Sales are expected to increase by 7 percent Y-o-Y (up 5.4 percent Q-o-Q) to Rs. 2,631.6 crore, according to Sharekhan.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 77.6 percent Y-o-Y (up 200.4 percent Q-o-Q) to Rs. 14.5 crore.
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Sharekhan - All Sectors Q4 Estimates
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