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Sundram Fasteners Q4 PAT seen up 23.9% YoY to Rs. 118 cr: Sharekhan

Net Sales are expected to increase by 14 percent Y-o-Y (up 6.5 percent Q-o-Q) to Rs. 1,088.3 crore, according to Sharekhan.

April 18, 2019 / 04:26 PM IST
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Sharekhan has come out with its fourth quarter (January-March’ 19) earnings estimates for the Automobiles sector. The brokerage house expects Sundram Fasteners to report net profit at Rs. 118 crore up 23.9% year-on-year (up 6.1% quarter-on-quarter).


Net Sales are expected to increase by 14 percent Y-o-Y (up 6.5 percent Q-o-Q) to Rs. 1,088.3 crore, according to Sharekhan.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 102.6 percent Y-o-Y (down 45.8 percent Q-o-Q) to Rs. 18.4 crore.


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