Mahindra and Mahindra Q2 PAT seen up 2.1% YoY to Rs. 3,968.8 cr: Prabhudas Lilladher

Prabhudas Lilladher has come out with its second quarter (July-Sept’ 26) earnings estimates for the Automobiles sector. The brokerage house expects Mahindra and Mahindra to report net profit at Rs. 3,968.8 crore up 2.1 % year-on-year (up 10.3 percent Q-o-Q).

Net Sales are expected to increase by 19.7 percent Y-o-Y (down 3.2 percent Q-o-Q) to Rs. 32,984.2 crore, according to Prabhudas Lilladher.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 17.7 percent Y-o-Y (down 4.8 percent Q-o-Q) to Rs. 4,650.8 crore.

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