Prabhudas Lilladher has come out with its earning estimates on automobile sector for the quarter ended June 2011. According to the research firm, Mahindra & Mahindra (M&M) June quarter sales are expected to go up by 30.2% at Rs 6721crore, year-on-year, (YoY) basis.
The company's net profit is expected to go up 7.4% at Rs 604.1crore on YoY basis.
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