Net Sales are expected to increase by 22.7 percent Y-o-Y (down 9.4 percent Q-o-Q) to Rs. 4,522.6 crore, according to Chola Securities.
Chola Securities has come out with its third quarter (October-December’ 18) earnings estimates for the Auto & Auto Ancillary sector. The brokerage house expects TVS to report net profit at Rs. 168.9 crore up 9.4% year-on-year (down 20.1% quarter-on-quarter).
Net Sales are expected to increase by 22.7 percent Y-o-Y (down 9.4 percent Q-o-Q) to Rs. 4,522.6 crore, according to Chola Securities.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 29.2 percent Y-o-Y (down 13.5 percent Q-o-Q) to Rs. 370.4 crore.
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