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, Hero Honda March quarter net sales are expected to go up by 24% at Rs 5111.9 crore, year-on-year, (YoY) basis.
The company's net profit is expected to go down by 9.7% at Rs 540.7 crore on YoY basis.
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