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Last Updated : Jan 09, 2019 12:31 PM IST | Source: Moneycontrol.com

Hero Motocorp Q3 PAT may dip 6.5% YoY to Rs. 753.4 cr: Motilal Oswal

Net Sales are expected to increase by 5.7 percent Y-o-Y (down 14.9 percent Q-o-Q) to Rs. 7,732.2 crore, according to Motilal Oswal.

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Leading two wheeler maker Hero Motorcorp also made its debut in the 125cc scooter space with the Destini 125. After a lukewarm response for its scooter range the Delhi-based company placed its bets on a new brand
Leading two wheeler maker Hero Motorcorp also made its debut in the 125cc scooter space with the Destini 125. After a lukewarm response for its scooter range the Delhi-based company placed its bets on a new brand
 
 
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Motilal Oswal has come out with its third quarter (October-December’ 18) earnings estimates for the Automobiles sector. The brokerage house expects Hero Motocorp to report net profit at Rs. 753.4 crore down 6.5% year-on-year (down 22.8% quarter-on-quarter).


Net Sales are expected to increase by 5.7 percent Y-o-Y (down 14.9 percent Q-o-Q) to Rs. 7,732.2 crore, according to Motilal Oswal.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 4.9 percent Y-o-Y (down 20.1 percent Q-o-Q) to Rs. 1,100.9 crore.


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First Published on Jan 9, 2019 12:31 pm
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