Net Sales are expected to increase by 8 percent Y-o-Y (down 7 percent Q-o-Q) to Rs. 15,961.7 crore, according to Prabhudas Lilladher.
Prabhudas Lilladher has come out with its first quarter (April-June’ 19) earnings estimates for the Automobiles sector. The brokerage house expects Motherson Sumi Systems to report net profit at Rs. 358.1 crore down 19.2% year-on-year (down 12.6% quarter-on-quarter).
Net Sales are expected to increase by 8 percent Y-o-Y (down 7 percent Q-o-Q) to Rs. 15,961.7 crore, according to Prabhudas Lilladher.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 11.8 percent Y-o-Y (up 0.2 percent Q-o-Q) to Rs. 1,245 crore.
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