Strong double-digit year-on-year (YoY) growth in Feb 2024 is likely for 2W wholesale volumes due to good demand (retails up ~10%) and a favourable base. PV volumes are likely to have grown at a healthy pace led by positive retail trends (retails up ~4%) and inventory build. CVs, though, are likely to have slid in single digits due to weak LCV volumes and a high base. Tractors are likely to have declined by low double digits due to the festival timing and challenges in the west/south. In the near term, the high base would lead to muted CV and tractor growth. Here’s a look at auto sales expectations for top automakers in February. (Data Source: Anand Rathi)
Vedanta Q1 Results: Cons PAT slides 12% YoY to Rs 3,185 crore, revenue rises 6%
Vedanta Q1 Results FY26: Mining major Vedanta on Thursday posted its first quarter results for FY26, reporting a 11.7% year-on-year (YoY) decline in its consolidated