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Last Updated : Jul 17, 2018 04:18 PM IST | Source: Moneycontrol.com

Timken Q1 PAT seen up 40.9% YoY to Rs. 30.9 cr: Kotak

Net Sales are expected to increase by 18 percent Y-o-Y (up 2.5 percent Q-o-Q) to Rs. 353.9 crore, according to Kotak.

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Kotak has come out with its first quarter (April-June’ 18) earnings estimates for the Automobiles sector. The brokerage house expects Timken to report net profit at Rs. 30.9 crore up 40.9% year-on-year (up 30.4% quarter-on-quarter).


Net Sales are expected to increase by 18 percent Y-o-Y (up 2.5 percent Q-o-Q) to Rs. 353.9 crore, according to Kotak.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 31.5 percent Y-o-Y (up 21 percent Q-o-Q) to Rs. 55.7 crore.


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First Published on Jul 17, 2018 04:18 pm
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