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Q2 2012 Auto Sector Performance Review by sridhar4u18 is a document available to read on EtoBox.

Mahindra & Mahindra reported strong growth in the first quarter with net profits rising 20% due to high demand for its SUVs. Tata Motors results declined as vehicle sales volumes fell, especially for commercial vehicles, due to economic slowdown. TVS Motors profits fell 13% due to investments in new brands and models but still beat analyst expectations. Bajaj Auto profits were flat compared to last year as total sales declined due to lower exports to Sri Lanka and Egypt.

Author

sridhar4u18

Language

EN