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Ashok Leyland Q4 PAT seen up 174.1% to Rs.509.5 cr: ICICI Securities

Ashok Leyland Q4 PAT seen up 174.1% to Rs.509.5 cr: ICICI Securities

Saturday, April 15, 2017, 5:31 PM

ICICI Securities has come out with its fourth quarter (January-March) earnings estimates for the Auto & Auto Ancillaries sector. The brokerage house expects Ashok Leyland to report net profit at 509.5 crores up 174.1% quarter-on-quarter. Net Sales are expected to increase by 47.8 percent Q-o-Q (up 10 percent Y-o-Y) to Rs 6548.5 crore, according to ICICI Securities.
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