Mahindra and Mahindra Q2 PAT may dip 5.8% YoY to Rs. 1,588.3 cr: Prabhudas Lilladher

Prabhudas Lilladher has come out with its second quarter (July-September’ 22) earnings estimates for the Automobiles sector. The brokerage house expects Mahindra and Mahindra to report net profit at Rs. 1,588.3 crore down 5.8% year-on-year (up 8% quarter-on-quarter).

Net Sales are expected to increase by 54.5 percent Y-o-Y (up 4.8 percent Q-o-Q) to Rs. 20,562.9 crore, according to Prabhudas Lilladher.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 52.4 percent Y-o-Y (up 8 percent Q-o-Q) to Rs. 2,529.2 crore.

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