Motherson Sumi Q2 PAT may dip 39.6% YoY to Rs 224.7 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 Motherson Sumi to report net profit at Rs 224.7 crore down 39.6% year-on-year (down 22.5% quarter-on-quarter).

Net Sales are expected to decrease by 6.5 percent Y-o-Y (down 13 percent Q-o-Q) to Rs 14,661.2 crore, according to Motilal Oswal.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 21 percent Y-o-Y (down 16 percent Q-o-Q) to Rs 1,227.6 crore.

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