Emkay Global Financial Services has come out with its earning estimates on automobiles sector for the quarter ended September 2011. According to the research firm, Hero MotoCorp September quarter net sales are expected to go up by 27.1% at Rs 5783.6 crore, year-on-year, (YoY) basis.
The company's net profit is expected to go up 12.6% at Rs 569.1 crore on YoY basis.
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