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Maruti Suzuki Q4 PAT seen up 8.5% to Rs 1893.2 cr: ICICI Securities

Maruti Suzuki Q4 PAT seen up 8.5% to Rs 1893.2 cr: ICICI Securities

Saturday, April 15, 2017, 5:44 PM

ICICI Securities has come out with its fourth quarter (January-March) earnings estimates for the Auto & Auto Ancillaries sector. The brokerage house expects Maruti Suzuki to report net profit at 1893.2 crores up 8.5% quarter-on-quarter. Net Sales are expected to increase by 13.1 percent Q-o-Q (up 24.6 percent Y-o-Y) to Rs 19077.5 crore, according to ICICI Securities.
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