Motilal Oswal has come out with its third quarter (October-December) earnings estimates for the Automobile sector. The brokerage house expects Maruti Suzuki to report net profit at 1943.3 crore down 19% quarter-on-quarter.
Net Sales are expected to decrease by 7 percent Q-o-Q (up 10 percent Y-o-Y) to Rs 16594.2 crore, according to Motilal Oswal.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 16.9 percent Q-o-Q (up 16.3 percent Y-o-Y) to Rs 2522.9 crore.
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