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Motherson Sumi Q4 PAT seen up 22.7% to Rs.510.5 cr: ICICI Securities

Motherson Sumi Q4 PAT seen up 22.7% to Rs.510.5 cr: ICICI Securities

Saturday, April 15, 2017, 5:49 PM

ICICI Securities has come out with its fourth quarter (January-March) earnings estimates for the Auto & Auto Ancillaries sector. The brokerage house expects Motherson Sumi to report net profit at 510.5 crores up 22.7% quarter-on-quarter. Net Sales are expected to increase by 7.4 percent Q-o-Q (up 11.3 percent Y-o-Y) to Rs 11387.3 crore, according to ICICI Securities.
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