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Last Updated : Apr 18, 2019 03:40 PM IST | Source: Moneycontrol.com

Hero Motocorp Q4 PAT may dip 27.8% YoY to Rs. 698.3 cr: Sharekhan

Net Sales are expected to decrease by 8.7 percent Y-o-Y (down 0.6 percent Q-o-Q) to Rs. 7,818.8 crore, according to Sharekhan.

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Sharekhan has come out with its fourth quarter (January-March’ 19) earnings estimates for the Automobiles sector. The brokerage house expects Hero Motocorp to report net profit at Rs. 698.3 crore down 27.8% year-on-year (down 9.2% quarter-on-quarter).


Net Sales are expected to decrease by 8.7 percent Y-o-Y (down 0.6 percent Q-o-Q) to Rs. 7,818.8 crore, according to Sharekhan.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 264.6 percent Y-o-Y (down 68.9 percent Q-o-Q) to Rs. 13.4 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.



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First Published on Apr 18, 2019 03:40 pm
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