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Maruti Suzuki Q1 PAT may dip 32.9% YoY to Rs. 1,326 cr: Kotak

Net Sales are expected to decrease by 14 percent Y-o-Y (down 9.9 percent Q-o-Q) to Rs. 19,324.5 crore, according to Kotak.

July 16, 2019 / 10:30 AM IST
 
 
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Kotak has come out with its first quarter (April-June’ 19) earnings estimates for the Automobiles sector. The brokerage house expects Maruti Suzuki to report net profit at Rs. 1,326 crore down 32.9% year-on-year (down 26.2% quarter-on-quarter).

Net Sales are expected to decrease by 14 percent Y-o-Y (down 9.9 percent Q-o-Q) to Rs. 19,324.5 crore, according to Kotak.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 42.2 percent Y-o-Y (down 14.4 percent Q-o-Q) to Rs. 1,937.5 crore.

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