Cummins India Q4 PAT seen up 15.9% YoY to Rs 201.8 cr: YES Securities

YES Securities has come out with its fourth quarter (January-March’ 21) earnings estimates for the Capital Goods & Defense sector. The brokerage house expects Cummins India to report net profit at Rs 201.8 crore up 15.9% year-on-year (down 16% quarter-on-quarter).

Net Sales are expected to increase by 24.6 percent Y-o-Y (down 7.5 percent Q-o-Q) to Rs 1,323.3 crore, according to YES Securities.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 856.1 percent Y-o-Y (down 200.9 percent Q-o-Q) to Rs 197.3 crore.

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