Net Sales are expected to increase by 15.3 percent Y-o-Y (up 9.7 percent Q-o-Q) to Rs. 21,144.3 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 Maruti Suzuki to report net profit at Rs. 2,066.7 crore up 20.9% year-on-year (up 14.9% quarter-on-quarter).
Net Sales are expected to increase by 15.3 percent Y-o-Y (up 9.7 percent Q-o-Q) to Rs. 21,144.3 crore, according to ICICI Direct.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 22.5 percent Y-o-Y (up 3.3 percent Q-o-Q) to Rs. 3,137 crore.
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