HDFC Q4 PAT may dip 10.8% YoY to Rs. 2,374 cr: Motilal Oswal

Motilal Oswal has come out with its fourth quarter (January-March’ 19) earnings estimates for the Financials - NBFC sector. The brokerage house expects HDFC to report net profit at Rs. 2,374 crore down 10.8% year-on-year (up 12.3% quarter-on-quarter).

Net Sales are expected to decrease by 9.7 percent Y-o-Y (down 10.2 percent Q-o-Q) to Rs. 2,900.3 crore, according to Motilal Oswal.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 14.7 percent Y-o-Y (down 9.1 percent Q-o-Q) to Rs. 2,595.3 crore.

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