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Last Updated : Apr 18, 2019 04:28 PM IST | Source: Moneycontrol.com

GNA Axles Q4 PAT seen up 6.5% YoY to Rs. 17.5 cr: Sharekhan

Net Sales are expected to increase by 18 percent Y-o-Y (down 2 percent Q-o-Q) to Rs. 241.3 crore, according to Sharekhan.

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Sharekhan has come out with its fourth quarter (January-March’ 19) earnings estimates for the Automobiles sector. The brokerage house expects GNA Axles to report net profit at Rs. 17.5 crore up 6.5% year-on-year (down 2.4% quarter-on-quarter).


Net Sales are expected to increase by 18 percent Y-o-Y (down 2 percent Q-o-Q) to Rs. 241.3 crore, according to Sharekhan.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 86.7 percent Y-o-Y (down 50.1 percent Q-o-Q) to Rs. 15.3 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.



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First Published on Apr 18, 2019 04:28 pm
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