Angel Broking has come out with its earning estimates on automobile sector for the quarter ended March 2011. According to the research firm, Mahindra & Mahindra (M&M) March quarter net sales are expected to go up by 33.3% at Rs 5972 crore, year-on-year, (YoY) basis.
The company's net profit is expected to go up by 44.1% at Rs 611.4 crore on YoY basis.
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