Angel Broking has come out with its earning estimates for Automobiles and Auto Ancillary sector for the quarter ended September 2009. According to the research firm, Amtek Auto's September quarter consolidated sales are expected to go down by 29.8% to Rs 864 crore on YoY basis.

The company's consolidated net profit is expected to go down by 70.8% to Rs 21.6 crore on YoY basis.