Endurance Tech Q2 PAT seen up 4.9% YoY to Rs 151.9 cr: Motilal Oswal

Motilal Oswal has come out with its second quarter (July-September’ 21) earnings estimates for the Automobiles sector. The brokerage house expects Endurance Tech to report net profit at Rs 151.9 crore up 4.9% year-on-year (up 26.2% quarter-on-quarter).

Net Sales are expected to increase by 13.7 percent Y-o-Y (up 17 percent Q-o-Q) to Rs 1,981.2 crore, according to Motilal Oswal.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 4.8 percent Y-o-Y (up 22 percent Q-o-Q) to Rs 298.8 crore.

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