Moneycontrol PRO
Upcoming Event:Attend Quants League - 5 Days Live Algorithmic Options Trading Virtual Conference @ just Rs. 600/- brought to you by Moneycontrol Pro. Register Now!

Hero MotoCorp Q1 PAT seen up 562.3% YoY to Rs. 406 cr: ICICI Direct

Net Sales are expected to increase by 93.8 percent Y-o-Y (down 33.7 percent Q-o-Q) to Rs. 5,759 crore, according to ICICI Direct.

July 13, 2021 / 12:33 PM IST
 
 
live
  • bselive
  • nselive
Volume
Todays L/H
More

ICICI Direct has come out with its first quarter (April-June’ 21) earnings estimates for the Auto and Auto Ancillary sector. The brokerage house expects Hero MotoCorp to report net profit at Rs. 406 crore up 562.3% year-on-year (down 53.1% quarter-on-quarter).

Net Sales are expected to increase by 93.8 percent Y-o-Y (down 33.7 percent Q-o-Q) to Rs. 5,759 crore, according to ICICI Direct.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 432.7 percent Y-o-Y (down 52.5 percent Q-o-Q) to Rs. 576 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.

Broker Research

stay updated

Get Daily News on your Browser
Sections
ISO 27001 - BSI Assurance Mark