Hero Motocorp Q3 PAT seen up 1.5% YoY to Rs. 1,089.7 cr: PL Capital

PL Capital has come out with its third quarter (October-December’ 24) earnings estimates for the Automobiles sector. The brokerage house expects Hero Motocorp to report net profit at Rs. 1,089.7 crore up 1.5% year-on-year (down 9.5% quarter-on-quarter).

Net Sales are expected to increase by 2.8 percent Y-o-Y (down 4.5 percent Q-o-Q) to Rs. 9,993.2 crore, according to PL Capital.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 3.4 percent Y-o-Y (down 7 percent Q-o-Q) to Rs. 1,409 crore.

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