Chola Securities has come out with its third quarter (October-December’ 18) earnings estimates for the Auto & Auto Ancillary sector. The brokerage house expects Motherson Sumi to report net profit at Rs. 409.4 crore up 12.3% year-on-year (up 10.3% quarter-on-quarter).
Net Sales are expected to increase by 15 percent Y-o-Y (up 9.6 percent Q-o-Q) to Rs. 16,554.9 crore, according to Chola Securities.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 21.5 percent Y-o-Y (up 10.8 percent Q-o-Q) to Rs. 1,440.3 crore.
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Chola Securities Earnings Estimates - Auto Sector
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