Key Points
NEW DELHI: The auto sector is projected to experience 8 per cent year-on-year (YoY) growth in revenue and earnings before interest, taxes, depreciation, and amortisation (EBITDA) for the second quarter of FY25, according to the..
This contrasts with the low single-digit growth anticipated for passenger vehicles (PVs) and commercial vehicles (CVs)..
MM's auto division is an exception, anticipated to achieve robust revenue growth of 12 per cent, while Tata Motors' PV division and Maruti Suzuki India Limited (MSIL) are expected to report declines of 3 per cent and 1 per cent, respectively...
The commercial vehicle segment faces a more challenging landscape, with volumes expected to dip by around 11 per cent YoY due to a high base effect in cargo vehicles...
For Tata Motors as a whole, the report predicts consolidated revenue to remain flat YoY due to subdued volume performance across various divisions, although an expansion in EBITDA margin by 120 basis points is expected due to improvements in Jaguar Land Rover, India CV, and India PV divisions...
