Auto (2 wheeler) Sector: Q3 ( Oct – Dec ’16 ) Results and Analysis

AUTO (2 Wheelers) Sector:

Quarter 3 was poor as far as Auto (2 wheeler) segment is concern. (only three companies data available)

Demonetisation has played a crucial role in the show.

Market leader Bajaj-Auto posted 5% loss in profits and revenues were down by 7%. Hero Motocorp also posted bad numbers in the quarter.

TVS Motors was the only performer in the sector where the has company posted more than 10% jump in profits and revenues were up by 3% in the quarter ended 31 December 2016.

Here is the data:

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