Prabhudas Lilladher has come out with its fourth quarter (January-March’ 19) earnings estimates for the Automobiles sector. The brokerage house expects Wabco India to report net profit at Rs. 75.5 crore down 2.2% year-on-year (up 26.3% quarter-on-quarter).
Net Sales are expected to decrease by 4.1 percent Y-o-Y (up 7.5 percent Q-o-Q) to Rs. 752.4 crore, according to Prabhudas Lilladher.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 1.1 percent Y-o-Y (up 10.5 percent Q-o-Q) to Rs. 111 crore.
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