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Net Sales are expected to increase by 11.7 percent Y-o-Y (up 6.7 percent Q-o-Q) to Rs. 288.4 crore, according to Edelweiss.
Net Sales are expected to decrease by 11.1 percent Q-o-Q (up 10.5 percent Y-o-Y) to Rs 275.9 crore, according to Edelweiss. Mahindra Holidays to report net profit at 35.1 crore up 16.1% year-on-year.
Kavinder Singh, MD & CEO, Mahindra Holidays in an interview to CNBC-TV18 shared the details of the fourth quarter performance and the outlook going forward.
The fourth quarter earnings will begin from Friday. In an interview to CNBC-TV18, Varatharajan Sivasankaran of ICICI Securities outlined his expectations from stocks across various sectors.
Motilal Oswal has come with its June quarterly earning estimates for automobile sector. According to the research firm two-wheeler stocks, Bajaj Auto and Hero MotoCorp are likely to report muted earnings growth at 2% and 8%, respectively.
Mahindra Holidays and Resorts plans to aggressively tap India's tier II towns to expand its membership base as it aims to boost sales, and arrest fall in its profits.