Net Sales are expected to increase by 2 percent Y-o-Y (down 0.7 percent Q-o-Q) to Rs. 506.7 crore, according to Sharekhan.
Sharekhan has come out with its fourth quarter (January-March’ 19) earnings estimates for the Automobiles sector. The brokerage house expects Gabriel to report net profit at Rs. 22.3 crore down 13.2% year-on-year (up 1% quarter-on-quarter).
Net Sales are expected to increase by 2 percent Y-o-Y (down 0.7 percent Q-o-Q) to Rs. 506.7 crore, according to Sharekhan.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 108.3 percent Y-o-Y (down 19.4 percent Q-o-Q) to Rs. 8.2 crore.
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