Cholamandalam Investment & Finance Q4 PAT seen up 2.3% YoY to Rs. 307 cr: Motilal Oswal

Motilal Oswal has come out with its fourth quarter (January-March’ 19) earnings estimates for the Financials – NBFC sector. The brokerage house expects Cholamandalam Investment & Finance to report net profit at Rs. 307 crore up 2.3% year-on-year (up 0.9% quarter-on-quarter).

Net Sales are expected to increase by 7.1 percent Y-o-Y (up 3.2 percent Q-o-Q) to Rs. 902.1 crore, according to Motilal Oswal.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 23.3 percent Y-o-Y (up 2.5 percent Q-o-Q) to Rs. 573 crore.

Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

[“source=moneycontrol”]