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HomeNewsBusinessEarningsMahindra and Mahindra Q3 PAT seen up 26.7% YoY to Rs. 3,109.3 cr: PL Capital

Mahindra and Mahindra Q3 PAT seen up 26.7% YoY to Rs. 3,109.3 cr: PL Capital

Net Sales are expected to increase by 23.4 percent Y-o-Y (up 13.3 percent Q-o-Q) to Rs. 31,204.2 crore, according to PL Capital.

January 21, 2025 / 13:14 IST
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PL Capital has come out with its third quarter (October-December’ 24) earnings estimates for the Automobiles sector. The brokerage house expects Mahindra and Mahindra to report net profit at Rs. 3,109.3 crore up 26.7% year-on-year (down 19% quarter-on-quarter).

Net Sales are expected to increase by 23.4 percent Y-o-Y (up 13.3 percent Q-o-Q) to Rs. 31,204.2 crore, according to PL Capital.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 38.4 percent Y-o-Y (up 14.7 percent Q-o-Q) to Rs. 4,477.8 crore.

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Prabhudas_Automobiles

Broker Research
first published: Jan 21, 2025 01:13 pm

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