Visit http://indiaer.blogspot.com/ for complete details TVS Motor
TVS Motor is slated to announce its 2QFY2011 results. We expect the company’s top line
to grow by 41% yoy to `1,573cr on account of 33.4% yoy growth in volumes and higher
realisations. On the operating front, EBITDA margin is expected to expand by 134bp yoy
to 6.9%. Hence, the bottom line is expected to grow by 113.7% yoy to `52.5cr. The stock
rating is under review.
No comments:
Post a Comment