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Last Updated : Jan 16, 2017 04:46 PM IST | Source: Moneycontrol.com

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.

 
 
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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.

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First Published on Jan 16, 2017 04:46 pm
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