Maruti Suzuki Q2 PAT may dip 11% YoY to Rs. 2133.3 cr: Edelweiss
Net Sales are expected to increase by 24.4 percent Y-o-Y (up 25.5 percent Q-o-Q) to Rs. 22189.1 crore, according to Edelweiss.
Edelweiss has come out with its second quarter (July-September) earnings estimates for the Automobiles sector. The brokerage house expects Maruti Suzuki to report net profit at Rs. 2133.3 crore down 11% year-on-year (up 25.6% quarter-on-quarter).
Net Sales are expected to increase by 24.4 percent Y-o-Y (up 25.5 percent Q-o-Q) to Rs. 22189.1 crore, according to Edelweiss.
Earnings before interest, tax, depreciation and amortization (EBITDA) are likely to rise by 3.7 percent Y-o-Y (up 27.4 percent Q-o-Q) to Rs. 3150.9 crore.
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