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Last Updated : Jul 16, 2019 10:30 AM IST | Source: Moneycontrol.com

Motherson Sumi Systems Q1 PAT may dip 12.6% YoY to Rs. 387.1 cr: Kotak

Net Sales are expected to increase by 12.3 percent Y-o-Y (down 3.4 percent Q-o-Q) to Rs. 16,589 crore, according to Kotak.

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Kotak has come out with its first quarter (April-June’ 19) earnings estimates for the Automobiles sector. The brokerage house expects Motherson Sumi Systems to report net profit at Rs. 387.1 crore down 12.6% year-on-year (down 5.6% quarter-on-quarter).


Net Sales are expected to increase by 12.3 percent Y-o-Y (down 3.4 percent Q-o-Q) to Rs. 16,589 crore, according to Kotak.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 10.4 percent Y-o-Y (up 1.8 percent Q-o-Q) to Rs. 1,265.2 crore.


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First Published on Jul 15, 2019 05:05 pm
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