Net Sales are expected to increase by 5.5 percent Q-o-Q (up 14.2 percent Y-o-Y) to Rs 7807.3 crore, according to Centrum.
During the quarter, the company registered strong volume growth of 16% YoY and 4% QoQ. Overall volume during the quarter stood at 1,823,498 units. We believe the volume growth was largely driven by strong rural demand and new launches in scooter segment.
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