Hero Motocorp Q2 PAT may dip 8.2% YoY to Rs. 729.5 cr: Prabhudas Lilladher

Prabhudas Lilladher has come out with its second quarter (July-September’ 22) earnings estimates for the Automobiles sector. The brokerage house expects Hero Motocorp to report net profit at Rs. 729.5 crore down 8.2% year-on-year (up 16.8% quarter-on-quarter).

Net Sales are expected to increase by 4 percent Y-o-Y (up 4.8 percent Q-o-Q) to Rs. 8,794.2 crore, according to Prabhudas Lilladher.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 0.2 percent Y-o-Y (up 13.1 percent Q-o-Q) to Rs. 1,064.1 crore.

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