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

Trade

• Watchlist
• Portfolio
• Message
• Set Alert

 

 

live

• bselive
• nselive

Volume

Todays L/H

More

×

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.

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.

Read More