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You are here : IndiaNotes >> Research & Analysis >> Companies >> Maruti Suzuki India Ltd. >> Research

India Strategy & Top Ideas for November 2017

Prabhudas Lilladher | 17 Nov, 2017  | Follow Author | Add to my Favourites 
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1HFY18 earnings tad below expectations: While there may be many reasons for the lower earnings, the disruptions on GST implementations have impacted 2QFY18 earnings The industry is yet to fully recover from the demonetization of FY17, while disruptions of GST has resulted in imbalances in performance. We expect normalcy to return by 4QFY18.


2QFY18 Nifty profits up 13.0%: With all the Nifty constituents 2QFY18 results behind them, an analysis shows that the sales were up 15.8% YoY, EBITDA up 11.9% , PBT up 13.2% and PAT was up 13.0%. This was much better than the expectations.


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About Prabhudas Lilladher

Prabhudas Lilladher has a nationwide distribution network, consisting of branches, franchisees and associates, providing a comprehensive gamut of financial services in the Institutional and Retail domain. Their services includes Equity, derivatives; margin funding, mutual funds, PMS, IPOs and online trading.

 

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Disclaimer: The author has taken due care and caution to compile and analyse the data. The opinions expressed above are only the views of the author, and not a recommendation to buy or sell. Neither the author nor IndiaNotes.com accept any liability whatsoever arising from the use of any of the above contents.




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