Net Sales are expected to decrease by 11.9 percent Y-o-Y (down 4.1 percent Q-o-Q) to Rs. 7,545.1 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 Hero Motocorp to report net profit at Rs. 722.8 crore down 25.3% year-on-year (down 6% quarter-on-quarter).
Net Sales are expected to decrease by 11.9 percent Y-o-Y (down 4.1 percent Q-o-Q) to Rs. 7,545.1 crore, according to Prabhudas Lilladher.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 24.3 percent Y-o-Y (down 6.1 percent Q-o-Q) to Rs. 1,037.5 crore.
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