TVS Motor Q2 PAT seen up 37.6% YoY to Rs. 912 cr: Prabhudas Lilladher

Prabhudas Lilladher has come out with its second quarter (July-Sept’ 26) earnings estimates for the Automobiles sector. The brokerage house expects TVS Motor to report net profit at Rs. 912 crore up 37.6 % year-on-year (up 17.1 percent Q-o-Q).

Net Sales are expected to increase by 24.5 percent Y-o-Y (up 14 percent Q-o-Q) to Rs. 11,492.3 crore, according to Prabhudas Lilladher.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 34.1 percent Y-o-Y (up 14.6 percent Q-o-Q) to Rs. 1,448 crore.

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