Moneycontrol
Apr 17, 2018 01:06 PM IST | Source: Moneycontrol.com

Tata Motors Q4 PAT may dip 65.5% YoY to Rs 1,494.5 cr: ICICI Direct

Net Sales are expected to decrease by 0.7 percent Y-o-Y (up 3.4 percent Q-o-Q) to Rs. 76,653.6 crore, according to ICICI Direct.

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ICICI Direct has come out with its fourth quarter (Jan-March’ 18) earnings estimates for the Auto & Auto Ancillary sector. The brokerage house expects Tata Motors to report net profit at Rs. 1,494.5 crore down 65.5% year-on-year (up 23% quarter-on-quarter).


Net Sales are expected to decrease by 0.7 percent Y-o-Y (up 3.4 percent Q-o-Q) to Rs. 76,653.6 crore, according to ICICI Direct.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 27.9 percent Y-o-Y (down 9.9 percent Q-o-Q) to Rs. 8,527.1 crore.


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