Mahindra and Mahindra Q4 PAT seen up 35.1% YoY to Rs. 1,576.2 cr: Motilal Oswal

Motilal Oswal has come out with its fourth quarter (January-March’ 23) earnings estimates for the Automobiles sector. The brokerage house expects Mahindra and Mahindra to report net profit at Rs. 1576.2 crore up 35.1% year-on-year (down 22.3% quarter-on-quarter).

Net Sales are expected to increase by 29 percent Y-o-Y (up 2.7 percent Q-o-Q) to Rs. 22,229.8 crore, according to Motilal Oswal.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 42.6 percent Y-o-Y (down 1.9 percent Q-o-Q) to Rs. 2,760.5 crore.

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