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Eicher Motors Q1 PAT to Rs 203 cr: Sharekhan

Net Sales are expected to increase by 138.5 percent Y-o-Y (down 38.5 percent Q-o-Q) to Rs 1,796 crore, according to Sharekhan.

July 15, 2021 / 08:00 PM IST
 
 
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Sharekhan has come out with its first quarter (April-June’ 21) earnings estimates for the Automobiles sector. The brokerage house expects Eicher Motors to report net profit at Rs 203 crore (down 58.8% quarter-on-quarter).


Net Sales are expected to increase by 138.5 percent Y-o-Y (down 38.5 percent Q-o-Q) to Rs 1,796 crore, according to Sharekhan.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 1,634 percent Y-o-Y (down 637 percent Q-o-Q) to Rs 16.5 crore.


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