Suprajit Engineering Q2 PAT seen up 2.5% YoY to Rs. 30 cr: Edelweiss

Edelweiss has come out with its second quarter (July-September) earnings estimates for the Automobiles sector. The brokerage house expects Suprajit Engineering to report net profit at Rs. 30 crore up 2.5% year-on-year (up 32.6% quarter-on-quarter).

Net Sales are expected to increase by 38.3 percent Y-o-Y (up 21 percent Q-o-Q) to Rs. 389.5 crore, according to Edelweiss.

Earnings before interest, tax, depreciation and amortization (EBITDA) are likely to rise by 21 percent Y-o-Y (up 23.4 percent Q-o-Q) to Rs. 56.6 crore.

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