Prabhudas Lilladher has come out with its earning estimates on automobiles sector for the quarter ended March 2011. According to the research firm, Hero Honda March quarter net sales are expected to go up by 27.8% at Rs 5269.6 crore, year-on-year, (YoY) basis.
The company's net profit is expected to go down by 19.5% at Rs 482.1 crore on YoY basis.
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