Net Sales are expected to increase by 10.5 percent Y-o-Y (down 0.2 percent Q-o-Q) to Rs. 494.2 crore, according to Chola Securities.
Chola Securities has come out with its third quarter (October-December’ 18) earnings estimates for the Auto & Auto Ancillary sector. The brokerage house expects Greaves Cotton to report net profit at Rs. 55.8 crore up 0.3% year-on-year (up 12.9% quarter-on-quarter).
Net Sales are expected to increase by 10.5 percent Y-o-Y (down 0.2 percent Q-o-Q) to Rs. 494.2 crore, according to Chola Securities.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 1.1 percent Y-o-Y (down 1.8 percent Q-o-Q) to Rs. 72 crore.
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