Angel Broking has come out with its earning estimates on automobile sector for the quarter ended June 2011. According to the research firm, Ashok Leyland June quarter sales are expected to go up by 6.7% at Rs 2505 crore, year-on-year, (YoY) basis.
The company's net profit is expected to go down 17.1% at Rs 102crore on YoY basis.
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