In the upcoming Budget?A: The government will continue to look

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The company’s quarterly net sales were down 0.4% at Rs 1603 crore.Analysts on average had expected net profit at Rs 48 crore on revenue of Rs 1,730 crore, according to a CNBC TV18 poll.TVS Motor’s input costs in Jan March fell 1.2% to Rs 1,170 crore and tax expenses also declined to Rs 5 crore from Rs 16 crore.It also had other income of Rs 8 crore in the fourth quarter.Ronak Sarda, analyst at MSFL, said earnings beat expectations as lower taxes benefited. However, EBITDA margin at 6.5% down 30 bps year on year was a disappointment.TVS Motor’s sales volumes last financial year rose 7% from a year ago cheap nfl jerseys in the usa to 21.89 lakh units. While its motorcycle sales rose 1.4% to 8.45 lakh units, scooter sales were up 13% to 5.25 lakh units, last year.

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