Moneycontrol

Budget 2021

Associate Partners:

  • SMC
  • Samsung
  • Volvo

Moneycontrol

Budget 2021

Associate Partners:

  • SMCSamsungVolvo
Webinar :Join an expert panel for a webinar on Smart investments for a secure retirement January 28, 2021. Register now!

Hero MotoCorp Q3 PAT may dip 7.9% YoY to Rs. 811 cr: ICICI Direct

Net Sales are expected to increase by 39.4 percent Y-o-Y (up 4.1 percent Q-o-Q) to Rs. 9,752 crore, according to ICICI Direct.

January 12, 2021 / 10:40 PM IST
Hero MotoCorp

Hero MotoCorp

 
 
live
  • bselive
  • nselive
Volume
Todays L/H
More

ICICI Direct has come out with its third quarter (October-December’ 20) earnings estimates for the Auto & Auto Ancillary sector. The brokerage house expects Hero MotoCorp to report net profit at Rs. 811 crore down 7.9% year-on-year (down 14.9% quarter-on-quarter).

Net Sales are expected to increase by 39.4 percent Y-o-Y (up 4.1 percent Q-o-Q) to Rs. 9,752 crore, according to ICICI Direct.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 5.3 percent Y-o-Y (down 15 percent Q-o-Q) to Rs. 1,094 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.

stay updated

Get Daily News on your Browser
Sections