Emkay Global Financial Services has come out with its earning estimates on automobiles sector for the quarter ended March 2011. According to the research firm, Ashok Leyland March quarter net sales are expected to go up by 21.9% at Rs 3582.8 crore, year-on-year, (YoY) basis.
The company's net profit is expected to go up by 23.4% at Rs 275.3 crore on YoY basis.
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