Tata Motors Q3 PAT may dip 65.6% YoY to Rs. 413.4 cr: Motilal Oswal

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Tata Motors Q3 PAT may dip 65.6% YoY to Rs. 413.4 cr: Motilal Oswal

Motilal Oswal has come out with its third quarter (October-December’ 18) earnings estimates for the Automobiles sector. The brokerage house expects Tata Motors to report net profit at Rs. 413.4 crore down 65.6% year-on-year.

Net Sales are expected to increase by 4.5 percent Y-o-Y (up 7.4 percent Q-o-Q) to Rs. 77,479.8 crore, according to Motilal Oswal.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 1.7 percent Y-o-Y (up 24.3 percent Q-o-Q) to Rs. 8,398.4 crore.

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Images are for reference only.Images gathered automatic from google.All rights on the images are with their original owners.

2019-01-12 07:20:27

Images are for reference only.Images gathered automatic from google.All rights on the images are with their original owners.

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