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Home News TVS Motors Q4 PAT may dip 4.2% to Rs.127 cr: ICICI Securities

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TVS Motors Q4 PAT may dip 4.2% to Rs.127 cr: ICICI Securities

TVS Motors Q4 PAT may dip 4.2% to Rs.127 cr: ICICI Securities

Saturday, April 15, 2017, 5:34 PM

ICICI Securities has come out with its fourth quarter (January-March) earnings estimates for the Auto & Auto Ancillaries sector. The brokerage house expects TVS Motors to report net profit at 127 crores down 4.2% quarter-on-quarter. Net Sales are expected to decrease by 3.6 percent Q-o-Q (up 2.1 percent Y-o-Y) to Rs 2875 crore, according to ICICI Securities.
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