SKF Q1 PAT seen up 5% YoY to Rs. 84.9 cr: Kotak

Net Sales are expected to increase by 4 percent Y-o-Y (up 4.9 percent Q-o-Q) to Rs. 785.1 crore, according to Kotak.

July 16, 2019 / 10:28 AM IST
 
 
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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 SKF to report net profit at Rs. 84.9 crore up 5% year-on-year (up 3.3% quarter-on-quarter).


Net Sales are expected to increase by 4 percent Y-o-Y (up 4.9 percent Q-o-Q) to Rs. 785.1 crore, according to Kotak.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 2.6 percent Y-o-Y (up 7.2 percent Q-o-Q) to Rs. 119 crore.


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