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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.

    Broker Research
    January 11, 2024 / 18:26 IST
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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.

    Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

    Motilal_Automobiles

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

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