Maruti Q3 preview: Analysts see healthy nos due to recovery in sales volume

India's largest car manufacturer Maruti Suzuki is expected to report healthy numbers when it announces its December quarter results (Q3FY20) later in the day, courtesy recovery in sales volume and benign raw material prices. According to the monthly sales data, Maruti's total dispatches in Q3FY20 came in at 4.4 lakh units, up 2 per cent on a year-on-year (YoY) basis. Average sale price (ASP) for the quarter are expected to improve on account of the wide acceptance of BS-VI variants.

Consequently, analysts see double-digit growth in the company's top-line as well as the bottom-line.

Analysts at ICICI Securities have pegged