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Motherson Sumi Systems Q2 PAT seen up 48.4% YoY to Rs. 521.3 cr: Edelweiss

Net Sales are expected to increase by 34.2 percent Y-o-Y (up 3.7 percent Q-o-Q) to Rs. 13608.5 crore, according to Edelweiss.

October 12, 2017 / 06:33 PM IST
 
 
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Edelweiss has come out with its second quarter (July-September) earnings estimates for the Automobiles sector. The brokerage house expects Motherson Sumi Systems to report net profit at Rs. 521.3 crore up 48.4% year-on-year (down 2.2% quarter-on-quarter).


Net Sales are expected to increase by 34.2 percent Y-o-Y (up 3.7 percent Q-o-Q) to Rs. 13608.5 crore, according to Edelweiss.


Earnings before interest, tax, depreciation and amortization (EBITDA) are likely to rise by 30.5 percent Y-o-Y (up 9.6 percent Q-o-Q) to Rs. 1300.9 crore.


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