30th March 2017
AUTO (2 Wheelers) Sector: Quarter 3 was poor as far as Auto (2 wheeler) segment is concern. (only three companies data available) Demonetisation has played a crucial role in the show. Market leader Bajaj-Auto posted 5% loss in profits and revenues were down by 7%. Hero Motocorp also posted bad numbers in the quarter. TVS Motors was the only performer in the sector where the has company posted more than 10% jump in profits and revenues were up by 3% in the quarter ended 31 December
