Icici Direct has come out with the estimated second quarter income (July-September ’21) for the automatic and automatic additional sector.

The broker’s house expects Eicher Motors to report net profit at Rs 317 Crore down 7.6% year-on-year (up 33.8% quarter quarter).

Net sales are expected to decrease by 6.9 percent Y-O-Y (up 1.2 percent Q-O-Q) to Rs 1,967 Crore, according to ICICI Direct.

Income before interest, tax, depreciation and amortization (EBITDA) is likely to fall 24.5 percent y-o-y (down 2.1 percent Q-O-Q) to RS 355 Crore.

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