Maruti Suzuki will be reporting its Q3 earnings on Thursday, January 28. The auto major’s stock has doubled from the March lows and the numbers are expected to recover both on quarter-on-quarter (QoQ) as well as on a year-on-year (YoY) basis.
The revenue is expected to go up by almost 14 percent YoY and EBITDA is expected to go up by about 20 percent. Margins are seen to remain stable at 10.6 percent versus 10.2 percent same time last year. Profits are expected to move up by 17 percent.
CNBC-TV18’s Sonia Shenoy shares details on what to expect from Maruti Suzuki’s Q3 or third quarter earnings ahead of Thursday’s announcement.Watch the video for more