Prabhudas Lilladher has come out with its earning estimates on automobiles sector for the quarter ended December 2010. According to the research firm, Ashok Leyland December quarter sales are expected to go up by 15.7% to Rs 2099.8 crore, Year-on-Year, (Y-o-Y) basis.
The company's net profit is expected to go down by 39.3% at Rs 64.4 crore on YoY basis.
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