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HomeNewsBusinessTVS Motor Q3 PAT seen up 55.1% YoY to Rs 547 cr: Motilal Oswal

TVS Motor Q3 PAT seen up 55.1% YoY to Rs 547 cr: Motilal Oswal

Net Sales are expected to increase by 26.2 percent Y-o-Y (up 1.4 percent Q-o-Q) to Rs 8,261.8 crore, according to Motilal Oswal.

January 11, 2024 / 18:26 IST
TVS Motor

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Motilal Oswal has come out with its third quarter (October - December’ 24) earnings estimates for the AUTOMOBILES sector. The brokerage house expects TVS Motor to report net profit at Rs 547 crore up 55.1% year-on-year (up 2% quarter-on-quarter).

Net Sales are expected to increase by 26.2 percent Y-o-Y (up 1.4 percent Q-o-Q) to Rs 8,261.8 crore, according to Motilal Oswal.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 43.6 percent Y-o-Y (up 5.2 percent Q-o-Q) to Rs 946.4 crore.

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Broker Research
first published: Jan 11, 2024 06:26 pm

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