Prabhudas Lilladher has come out with its earning estimates on auto ancillary sector for the quarter ended March 2011. According to the research firm, Apollo Tyres March quarter net sales are expected to go up by 12% at Rs 2401.1 crore, year-on-year, (YoY) basis.
The company's net profit is expected to go down by 46.2% at Rs 94.2 crore on YoY basis.
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