Hero Honda will announce its second quarter numbers on Wednesday. The company increased prices during the quarter, but also suffered a loss in market share from over 50% to 44.4% in September. According to CNBC-TV18 estimates, Hero Honda's Q2FY07 revenues are seen up 1.4% at Rs 2,196.5 crore versus Rs 2,166.3 crore. But the company's net profit is estimated to be down 8% at Rs 218.5 crore versus Rs 237.9 crore. Hero Honda's EBITDA is also expected to move down 9.8% at Rs 301 crore versus Rs 333.6 crore.
TVS Motors is to announce its Q2FY07 results. According to CNBC-TV18 estimates, the company's net profit is expected to go up 13.4% to Rs 36.2 crore (RS 362 million) from Rs 32 crore (Rs 320 million) year-on-year, YoY.
Its revenues are seen going up 29.2% to Rs 1019.6 crore (Rs 10.19 billion) in the second quarter as compared to Rs 789.2 crore (Rs 7.89 billion) in the same period of last year.
The EBIDTA is seen up 30% to Rs 59.6 crore (Rs 596 million) from Rs 45.9 crore (Rs 459 million).
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