KRChoksey has come with its quarterly earning estimates on auto sector for March 2012. The research firm expects a robust quarter mainly driven by healthy volume growth & better realizations.
The research firm expects a robust quarter mainly driven by healthy volume growth & better realizations. Also the order backlogs would help company like Maruti to show strong performance. Expect input cost to remain low which would positively impact the operating margins.
| Company | Sales (Rs Cr) | PAT (Rs Cr) | ||
| FY12E | FY13E | FY12E | FY13E | |
| Tata Motors | 145,942 | 160,122 | 11,045 | 12,417 |
| Maruti Suzuki | 33,858 | 42,594 | 1,656 | 2,712 |
| Ashok Leyland | 11,572 | 13,736 | 484 | 621 |
| Bajaj Auto | 19,275 | 21,644 | 3,473 | 3,849 |
| Hero Motocorp | 22,123 | 25,651 | 2,229 | 2,734 |
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