Net Sales are expected to increase by 20.8 percent Y-o-Y (up 2.7 percent Q-o-Q) to Rs. 1,519.7 crore, according to Prabhudas Lilladher.
Prabhudas Lilladher has come out with its second quarter (July-September’ 18) earnings estimates for the Automobiles sector. The brokerage house expects Bharat Forge to report net profit at Rs. 246.8 crore up 21.1% year-on-year (up 5.2% quarter-on-quarter).
Net Sales are expected to increase by 20.8 percent Y-o-Y (up 2.7 percent Q-o-Q) to Rs. 1,519.7 crore, according to Prabhudas Lilladher.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 20.2 percent Y-o-Y (up 3.6 percent Q-o-Q) to Rs. 443.9 crore.
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