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Net Sales are expected to decrease by 0.9 percent Y-o-Y (up 4.8 percent Q-o-Q) to Rs. 9,187.3 crore, according to PL Capital.
Sustained demand growth makes the vehicle maker optimistic about long-term prospects
Strong product lineup and an expanding market share will drive growth
The company’s solid product line-up and expanding market share position it favourably in the market
The medium- to long-term outlook looks promising, with a pick-up in economic activities. According to the management, the M&HCV segment is expected to lead growth in the coming years.
Net Sales are expected to increase by 36 percent Y-o-Y (up 31.7 percent Q-o-Q) to Rs. 11,893.3 crore, according to Nirmal Bang.