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TVS Motors Q3FY21 earnings: Key expectations from Thursday’s results

Updated : January 28, 2021 06:21 AM IST

TVS Motors will be reporting its Q3 earnings on Thursday, January 28. The auto major stock price has risen 115 percent from the lows in March and is currently trading at a 52 week high ahead of the numbers.

The street is expecting revenue growth of 28 percent on a year-on-year (YoY) basis and the EBITDA is expected to rise by about 30 percent. Margins are expected to remain stable at 8.9 percent and the profits could double.

CNBC-TV18’s Sonia Shenoy gets more details on what to expect from the numbers.

Watch the video for more
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