Mahindra & Mahindra Q3 PAT seen up 3% YoY to Rs. 1,045.5 cr: Motilal Oswal

Net Sales are expected to increase by 13 percent Y-o-Y (up 1.6 percent Q-o-Q) to Rs. 12,989.7 crore, according to Motilal Oswal.

Motilal Oswal has come out with its third quarter (October-December’ 18) earnings estimates for the Automobiles sector. The brokerage house expects Mahindra & Mahindra to report net profit at Rs. 1,045.5 crore up 3% year-on-year (down 37.5% quarter-on-quarter).

Net Sales are expected to increase by 13 percent Y-o-Y (up 1.6 percent Q-o-Q) to Rs. 12,989.7 crore, according to Motilal Oswal.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 14.7 percent Y-o-Y (up 5 percent Q-o-Q) to Rs. 1,941.3 crore.

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