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CEAT Q4 PAT may dip 27.3% to Rs 68.5 cr: ICICI Securities

CEAT Q4 PAT may dip 27.3% to Rs 68.5 cr: ICICI Securities

Saturday, April 15, 2017, 5:59 PM

ICICI Securities has come out with its fourth quarter (January-March) earnings estimates for the Auto & Auto Ancillaries sector. The brokerage house expects CEAT to report net profit at 68.5 crores down 27.3% quarter-on-quarter. Net Sales are expected to increase by 12.9 percent Q-o-Q (up 12.2 percent Y-o-Y) to Rs 1561.2 crore, according to ICICI Securities.
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