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REVENUES OF AUTO FIRMS GREW 10 % YOY IN Q2FY24, VOLUME GROWTH OF E2WS MAY SLOW DOWN
The Business Guardian
|October 18, 2023
The report sees upcoming festive season, stable pricing environment across segments and improving sentiment in the rural and urban markets translating to demand for discretionary products
Market analysts and rating agencies expect revenues of the auto companies to have grown at a healthy 10 per cent yoy in Q2 FY24 aided by PV/ M&H CV growth and better realisations (price hikes, premiumisation) despite the late festivals but volume growth of electric 2Ws could slow to 25 per cent this fiscal as subsidy cut brings a speed bump.
Diese Geschichte stammt aus der October 18, 2023-Ausgabe von The Business Guardian.
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