M&M Q3 PAT may dip 28.8% to Rs 891.7 cr: Motilal Oswal

Net Sales are expected to increase by 1.7 percent Q-o-Q (down 1.1 percent Y-o-Y) to Rs 10346.7 crore, according to Motilal Oswal.

January 16, 2017 / 16:46 IST

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Motilal Oswal has come out with its third quarter (October-December) earnings estimates for the Automobile sector. The brokerage house expects Mahindra & Mahindra to report net profit at 891.7 crore down 28.8% quarter-on-quarter.

Net Sales are expected to increase by 1.7 percent Q-o-Q (down 1.1 percent Y-o-Y) to Rs 10346.7 crore, according to Motilal Oswal.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 2.2 percent Q-o-Q (up 6.1 percent Y-o-Y) to Rs 1500.6 crore.

Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

first published: Jan 16, 2017 04:46 pm

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