TVS Motors Q2 PAT seen up 48.3% YoY to Rs. 411.7 cr: Prabhudas Lilladher

Prabhudas Lilladher has come out with its second quarter (July-September’ 22) earnings estimates for the Automobiles sector. The brokerage house expects TVS Motors to report net profit at Rs. 411.7 crore up 48.3% year-on-year (up 28.4% quarter-on-quarter).

Net Sales are expected to increase by 22.5 percent Y-o-Y (up 14.6 percent Q-o-Q) to Rs. 6,886.5 crore, according to Prabhudas Lilladher.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 30.9 percent Y-o-Y (up 22.9 percent Q-o-Q) to Rs. 736.9 crore.

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