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Net Sales are expected to increase by 19.7 percent Y-o-Y (down 3.2 percent Q-o-Q) to Rs. 32,984.2 crore, according to Prabhudas Lilladher.
Net Sales are expected to increase by 23.4 percent Y-o-Y (up 13.3 percent Q-o-Q) to Rs. 31,204.2 crore, according to PL Capital.
Improved revenue and reduced raw material costs led to better operating margins in auto segment
Morgan Stanley maintains its 'overweight' call and expects the Thar-maker to remain the fastest-growing passenger vehicle manufacturer in FY25
Mahindra & Mahindra's revenue growth on-year will be supported by robust performance in the automobile segment. However, the key thing to watch out for is auto production and tractor demand outlook.
The tractor segment continues to face challenges but should do better than the industry average
M&M shares have risen 11% in October to December quarter, which is equal to returns of Nifty 50 in the same period
Lower raw material prices led to a significant expansion in operating margins
According to the average of estimates of five brokerages, the company's net profit is expected to jump over 37 percent on-year to Rs 2,844 crore and revenue 20 percent to Rs 24,423 crore
A wide product range and a strong new-product pipeline will aid growth
Net Sales are expected to increase by 30.4 percent Y-o-Y (up 3.1 percent Q-o-Q) to Rs. 22,323.5 crore, according to Nirmal Bang.