Here's what brokerages expect from TVS Motor Q3 results today

TVS Motor is likely to post over 20 per cent growth in both revenue and profit for the December quarter of FY21 (Q3FY21), on Thursday, on the back of volume growth, analysts believe. The company had reported revenue and profit of Rs 4,125.5 crore and Rs 196.3 crore, respectively, in the year-ago quarter.

According to the monthly sales data, TVS Motor sold 9.89 lakh units in Q3FY21, up 20 per cent YoY from 8.21 lakh units it sold in the year-ago period. Sequentially, the company's volume grew 14 per cent from 8.67 lakh in Q2FY21. In the quarter under review,