TVS Q4 profit set to slump & margin hit seen for Lupin | Earnings with ET NOW
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We have two major companies, TVS Motors, and Lupin. What can we expect for this two-wheeler? The entire Motown is all set to face a very challenging quarter and TVS is no different from its other OE players. If you look at the sales, it is likely to degrow 24% and overall the volumes took a hit of 30% in the quarter gone by and that is likely to reflect in the top line as well. Profits seem to be declining close to 48% and ET Now poll is indicating to a figure of Rs 72 crore. We expect a margin contraction, not only on a sequential basis but a slight contraction on a YoY basis as well. Subscribe To ET Now For Latest Updates On Stocks, Business, Trading | ► https://goo.gl/SEjvK3 Subscribe Now To Our Network Channels :- Times Now : http://goo.gl/U9ibPb The NewsHour Debate : http://goo.gl/LfNgFF To Stay Updated Download the Times Now App :- Android Google Play : https://goo.gl/zJhWjC Apple App Store : https://goo.gl/d7QBQZ Social Media Links :- Twitter - http://goo.gl/hA0vDt Facebook - http://goo.gl/5Lr4mC G+ - http://goo.gl/hYxrmj Website - www.etnownews.com
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