Eicher Motors Q4 Profit Anticipated to Rise 11.5% Year-Over-Year to Rs 1,254 Crore: ICICI Securities
ICICI Securities Releases Q4 Earnings Estimates for Eicher Motors
ICICI Securities has issued its fourth quarter earnings estimates for the Automobile sector, focusing on Eicher Motors. According to the brokerage house, Eicher Motors is expected to report a net profit of Rs. 1,254 crore, representing a year-over-year increase of 11.5 percent. However, this figure marks a decline of 6.8 percent on a quarter-over-quarter basis.
The estimates also suggest that net sales are expected to rise by 13.7 percent year-over-year to Rs. 5,805.1 crore. Notably, this growth is accompanied by a decline of 3.1 percent on a quarter-over-quarter basis.
In terms of earnings before interest, tax, depreciation, and amortisation (EBITDA), ICICI Securities forecasts a 20.6 percent year-over-year increase to Rs. 1,520.9 crore. This anticipated growth, however, is offset by a decline of 4.3 percent on a quarter-over-quarter basis.
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| Company | Q4 Net Profit (YoY) | Q4 Net Profit (QoQ) | Q4 Net Sales (YoY) | Q4 Net Sales (QoQ) | EBITDA (YoY) | EBITDA (QoQ) |
|---|---|---|---|---|---|---|
| Eicher Motors | 11.5% | -6.8% | 13.7% | -3.1% | 20.6% | -4.3% |
Investor Takeaway
Eicher Motors is expected to report a 11.5% year-over-year increase in profit to Rs 1,254 crore.
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