Net Sales are expected to increase by 6.3 percent Y-o-Y (down 7.1 percent Q-o-Q) to Rs. 1,259.1 crore, according to Edelweiss.
Edelweiss has come out with its fourth quarter (Jan-March’ 18) earnings estimates for the Engineering & Capital Goods sector. The brokerage house expects Cummins India to report net profit at Rs. 167.9 crore up 5.9% year-on-year (down 2.5% quarter-on-quarter).
Net Sales are expected to increase by 6.3 percent Y-o-Y (down 7.1 percent Q-o-Q) to Rs. 1,259.1 crore, according to Edelweiss.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 9.1 percent Y-o-Y (down 5.7 percent Q-o-Q) to Rs. 185.6 crore.
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