Here's what brokerages expect from TVS Motors' Q2FY21 numbers

TVS Motors is scheduled to announce its September quarter results of FY21 (Q2FY21) on Thursday and analysts are expecting a sub 10 per cent increase in the company's revenues on a year-on-year (YoY) basis, led by volume de-growth.

According to the monthly sales data, TVS Motors sold 8.67 lakh units in Q2FY21, including 8.34 lakh 2-wheelers and 33,488 3-wheelers. In comparison, the company had sold 8.85 lakh units in the year-ago quarter.

At the bourses, shares of TVS Motors rose 14.78 per cent during the September quarter as compared to 9 per cent gain in the S&P BSE Sensex, ACE Equity data