Exide Industries Q2 PAT may dip 28.5% YoY to Rs 163.6 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 Exide Industries to report net profit at Rs 163.6 crore down 28.5% year-on-year (up 30.5% quarter-on-quarter).

Net Sales are expected to increase by 4 percent Y-o-Y (up 15.2 percent Q-o-Q) to Rs 2,863.5 crore, according to Motilal Oswal.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 21.2 percent Y-o-Y (up 18.6 percent Q-o-Q) to Rs 309 crore.

Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.