Net Sales are expected to increase by 7.4 percent Y-o-Y (down 8 percent Q-o-Q) to Rs. 4,289 crore, according to Prabhudas Lilladher.
Prabhudas Lilladher has come out with its fourth quarter (January-March’ 19) earnings estimates for the Automobiles sector. The brokerage house expects TVS Motors to report net profit at Rs. 160.1 crore down 3.3% year-on-year (down 10.2% quarter-on-quarter).
Net Sales are expected to increase by 7.4 percent Y-o-Y (down 8 percent Q-o-Q) to Rs. 4,289 crore, according to Prabhudas Lilladher.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 26.1 percent Y-o-Y (down 5.8 percent Q-o-Q) to Rs. 353.8 crore.
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