Analysts expect revenue growth to be led by price hikes and favorable product mix, in addition to the volume growth.
Two-wheeler maker TVS Motor Company's first quarter profit is expected to jump 52 percent year-on-year to Rs 183 crore and revenue may increase 12 percent to Rs 3,516 crore, according to average of estimates of analysts polled by CNBC-TV18.
Operating profit is likely to increase 41 percent to Rs 281 crore and margin may expand 150 basis points to 8 percent compared with same quarter last year.
Price hikes and favourable mix (higher motorcycle, scooter share) may help margins while revenue growth may be led by 12 percent growth in volumes.
Overall 2-wheeler volumes for the quarter grew around 12 percent YoY.
Analysts expect revenue growth to be led by price hikes and favorable product mix, in addition to the volume growth.Key things to watch out for would be update on the BMW-TVS product launch and distribution network, and guidance on demand and margin trajectory.