Net Sales are expected to increase by 40.3 percent Y-o-Y (up 30.5 percent Q-o-Q) to Rs. 9,284.6 crore, according to ICICI Direct.
ICICI Direct has come out with its fourth quarter (Jan-March’ 18) earnings estimates for the Auto & Auto Ancillary sector. The brokerage house expects Ashok Leyland to report net profit at Rs. 661.1 crore up 38.8% year-on-year (up 47% quarter-on-quarter).
Net Sales are expected to increase by 40.3 percent Y-o-Y (up 30.5 percent Q-o-Q) to Rs. 9,284.6 crore, according to ICICI Direct.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 49.7 percent Y-o-Y (up 38.6 percent Q-o-Q) to Rs. 1,092.6 crore.
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