Here's what you should expect from Maruti's Q2 earnings tomorrow
Maruti stock has risen 60 percent in the last 6 months aided by recovery in demand.
Maruti will report its Q2 earnings tomorrow. CNBC-TV18 expects the numbers to be quite strong.
Revenues are expected to see a growth of around 12.5 percent at Rs 19100 crore. EBITDA is also expected to rise by 30 percent led by positive operating leverage, lower discounts, stronger cost controls and stable raw material prices.
Maruti stock has risen 60 percent in the last 6 months aided by recovery in demand.
Watch video to know more.
First Published: Oct 28, 2020 4:18 PM IST
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