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Auto firms to report muted Q1 earnings on high raw material prices

Analysts expect companies to fare better in the September quarter (Q2 FY23) as moderation in prices of raw materials starts having an impact

Topics
Automakers | EARNINGS | Auto firms

Shally Seth Mohile  |  Mumbai 



used cars
The earnings are not comparable with the year-ago quarter, which faced pandemic-induced nationwide lockdowns owing to the Delta wave.

are expected to report muted for the June quarter as against the previous one because high input costs and supply-chain constraints have dented profitability, show estimates based on a Bloomberg poll of analysts.

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First Published: Thu, July 14 2022. 18:59 IST

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