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HomeNewsBusinessEarningsMotherson Q1 PAT seen up 88% YoY to Rs. 522.5 cr: ICICI

Motherson Q1 PAT seen up 88% YoY to Rs. 522.5 cr: ICICI

Net Sales are expected to increase by 20.5 percent Y-o-Y (up 1.7 percent Q-o-Q) to Rs. 15,825.1 crore, according to ICICI.

July 23, 2018 / 18:44 IST
Motherson Sumi Systems  | The stock closed at Rs 112.55 on November 5, 2020. Its 50-DMA: Rs 112.54, which was above their 200-DMA: Rs 100.61.
     
     
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    ICICI has come out with its first quarter (April-June’ 18) earnings estimates for the Auto & Auto Ancillary sector. The brokerage house expects Motherson to report net profit at Rs. 522.5 crore up 88% year-on-year (up 1.5% quarter-on-quarter).

    Net Sales are expected to increase by 20.5 percent Y-o-Y (up 1.7 percent Q-o-Q) to Rs. 15,825.1 crore, according to ICICI.

    Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 29.4 percent Y-o-Y (down 1.2 percent Q-o-Q) to Rs. 1,535.5 crore.

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    Moneycontrol News
    first published: Jul 23, 2018 05:58 pm

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