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Hero Motocorp Q2 PAT seen up 7.9% YoY to Rs. 1083.7 cr: Edelweiss

Net Sales are expected to increase by 13 percent Y-o-Y (up 10.5 percent Q-o-Q) to Rs. 8812.1 crore, according to Edelweiss.

October 12, 2017 / 06:16 PM IST
Employees work on an assembly line of Hero Motocorp during a media tour to a newly opened plant in Neemrana, in the desert Indian state of Rajasthan, October 20, 2014. REUTERS/Anindito Mukherjee (INDIA - Tags: BUSINESS TRANSPORT) - RTR4ATDG

Employees work on an assembly line of Hero Motocorp during a media tour to a newly opened plant in Neemrana, in the desert Indian state of Rajasthan, October 20, 2014. REUTERS/Anindito Mukherjee (INDIA - Tags: BUSINESS TRANSPORT) - RTR4ATDG

 
 
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Edelweiss has come out with its second quarter (July-September) earnings estimates for the Automobiles sector. The brokerage house expects Hero Motocorp to report net profit at Rs. 1083.7 crore up 7.9% year-on-year (up 18.6% quarter-on-quarter).


Net Sales are expected to increase by 13 percent Y-o-Y (up 10.5 percent Q-o-Q) to Rs. 8812.1 crore, according to Edelweiss.


Earnings before interest, tax, depreciation and amortization (EBITDA) are likely to rise by 12 percent Y-o-Y (up 18.3 percent Q-o-Q) to Rs. 1533.3 crore.


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first published: Oct 12, 2017 06:16 pm

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