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    HomeNewsBusinessEarningsSuprajit Engineering Q2 PAT seen up 33% to Rs 26 cr: Kotak Sec.

    Suprajit Engineering Q2 PAT seen up 33% to Rs 26 cr: Kotak Sec.

    Net Sales are expected to increase by 16.7 percent Q-o-Q (up 13.1 percent Y-o-Y) to Rs 296.9 crore, according to Kotak Securities.

    October 12, 2016 / 15:52 IST
       
       
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      Kotak Securities has come out with its second quarter (July-September) earnings estimates for the automobiles sector. The brokerage house expects Suprajit Engineering to report net profit at Rs 26.1 crore, up 32.8 percent quarter-on-quarter.

      Net Sales are expected to increase by 16.7 percent Q-o-Q (up 13.1 percent Y-o-Y) to Rs 296.9 crore, according to Kotak Securities.

      Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 24.6 percent Q-o-Q (up 25.2 percent Y-o-Y) to Rs 51 crore.

      Kotak Securities' report on Suprajit EngineeringWe expect consolidated revenues to grow by 13% yoy, led by 16% yoy revenue growth in the standalone business.

      We expect consolidated EBITDA margin to improve by 110 bps qoq due to operating leverage benefits.
      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.

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      first published: Oct 12, 2016 03:16 pm

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