TVS Motors Q1 PAT to Rs 135 cr: Sharekhan

Net Sales are expected to increase by 189.9 percent Y-o-Y (down 22 percent Q-o-Q) to Rs 4,151 crore, according to Sharekhan.

Broker Research

July 15, 2021 / 19:59 IST

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Sharekhan has come out with its first quarter (April-June’ 21) earnings estimates for the Automobiles sector. The brokerage house expects TVS Motors to report net profit at Rs 135 crore (down 53.5% quarter-on-quarter).

Net Sales are expected to increase by 189.9 percent Y-o-Y (down 22 percent Q-o-Q) to Rs 4,151 crore, according to Sharekhan.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 1,131 percent Y-o-Y (down 217 percent Q-o-Q) to Rs 7.9 crore.

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Broker Research

first published: Jul 15, 2021 07:59 pm

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