Net Sales are expected to increase by 14.9 percent Y-o-Y (up 19.6 percent Q-o-Q) to Rs. 88,710 crore, according to HDFC Securities.
HDFC Securities has come out with its fourth quarter (Jan-March’ 18) earnings estimates for the Auto sector. The brokerage house expects Tata Motors to report net profit at Rs. 3,110 crore down 28.9% year-on-year (up 156.1% quarter-on-quarter).
Net Sales are expected to increase by 14.9 percent Y-o-Y (up 19.6 percent Q-o-Q) to Rs. 88,710 crore, according to HDFC Securities.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 0.2 percent Y-o-Y (up 24.3 percent Q-o-Q) to Rs. 11,770 crore.
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