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HomeNewsBusinessEarningsMotherson Sumi Q3 PAT seen up 20.2% YoY to Rs. 439.7 cr: Motilal Oswal

Motherson Sumi Q3 PAT seen up 20.2% YoY to Rs. 439.7 cr: Motilal Oswal

Net Sales are expected to increase by 17.3 percent Y-o-Y (up 11.7 percent Q-o-Q) to Rs. 16,878.7 crore, according to Motilal Oswal.

January 09, 2019 / 12:53 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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    Motilal Oswal has come out with its third quarter (October-December’ 18) earnings estimates for the Automobiles sector. The brokerage house expects Motherson Sumi to report net profit at Rs. 439.7 crore up 20.2% year-on-year (up 18.5% quarter-on-quarter).

    Net Sales are expected to increase by 17.3 percent Y-o-Y (up 11.7 percent Q-o-Q) to Rs. 16,878.7 crore, according to Motilal Oswal.

    Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 19.1 percent Y-o-Y (up 14.5 percent Q-o-Q) to Rs. 1,488 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.

    Moneycontrol News
    first published: Jan 9, 2019 12:53 pm

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