HDFC Securities has come out with its fourth quarter (Jan-March’ 18) earnings estimates for the Auto Ancillaries sector. The brokerage house expects Suprajit Engineering to report net profit at Rs. 50 crore up 46.5% year-on-year (up 64.9% quarter-on-quarter).
Net Sales are expected to increase by 22 percent Y-o-Y (up 21.4 percent Q-o-Q) to Rs. 440 crore, according to HDFC Securities.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 21.3 percent Y-o-Y (up 36 percent Q-o-Q) to Rs. 80 crore.
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HDFC Securities Q4 Preview - Auto
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