Sat, Jul 06, 2013 at 16:12
Q1FY14 Profit (estimates): : Rs 785 crore
YoY jump (estimates): 85.2%
Target: Rs 1822
Rationale: It reported around10% YoY decline in volumes in 1QFY2014 on account of a slowdown in petrol and diesel car sales and also due to decline in exports. However, with a 10% YoY growth in net average realisation, due to superior product-mix and price increases, it expects only a marginal decline of around1% in the top-line (excluding Suzuki Power Train operations).
Copyright © e-Eighteen.com Ltd. All rights reserved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express written permission of moneycontrol.com is prohibited.