Angel Broking has come out with its earning estimates on automobile sector for the quarter ended September 2011. According to the research firm, Ashok Leyland September quarter net sales are expected to go up by 17.3% at Rs 3184 crore, year-on-year (YoY) basis.
The company's net profit is expected to go down by 32.9% at Rs 112 crore on YoY basis.
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