Jamna Auto Q4 PAT seen up 21.9% YoY to Rs. 40 cr: HDFC Securities

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HDFC Securities has come out with its fourth quarter (Jan-March’ 18) earnings estimates for the Auto Ancillaries sector. The brokerage house expects Jamna Auto to report net profit at Rs. 40 crore up 21.9% year-on-year (up 36.1% quarter-on-quarter).

Net Sales are expected to increase by 39.5 percent Y-o-Y (up 14.2 percent Q-o-Q) to Rs. 540 crore, according to HDFC Securities.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 36.1 percent Y-o-Y (up 23.5 percent Q-o-Q) to Rs. 80 crore.

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