Gabriel Q3 PAT seen up 13.8% YoY to Rs. 24.5 cr: Chola Securities

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Chola Securities has come out with its third quarter (October-December’ 18) earnings estimates for the Auto & Auto Ancillary sector. The brokerage house expects Gabriel to report net profit at Rs. 24.5 crore up 13.8% year-on-year (down 15.4% quarter-on-quarter).

Net Sales are expected to increase by 13 percent Y-o-Y (down 7.1 percent Q-o-Q) to Rs. 503.1 crore, according to Chola Securities.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 14.3 percent Y-o-Y (down 12.1 percent Q-o-Q) to Rs. 45.3 crore.

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