Motilal Oswal has come out with its fourth quarter (January-March’ 19) earnings estimates for the Financials - NBFC sector. The brokerage house expects L&T Finance Holdings to report net profit at Rs. 594 crore up 46.3% year-on-year (up 2.2% quarter-on-quarter).
Net Sales are expected to increase by 13.9 percent Y-o-Y (up 8.3 percent Q-o-Q) to Rs. 1,494 crore, according to Motilal Oswal.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 20.8 percent Y-o-Y (up 4.8 percent Q-o-Q) to Rs. 1,248.9 crore.
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