Browsing tag: Q3 Results

LEASING & HIRE PURCHASE Sector: Q3 ( Oct – Dec ’16 ) Results and Analysis


FINANCE - LEASING & HIRE PURCHASE Sector: Q3 was fantastic as far as LEASING & HIRE PURCHASE sector is concern. Almost all the companies have shown strong performance in the quarter. For the numbers, the profits of the companies were UP in the range of 11% to 117%, while revenues were up in the range between 3% to 38%. Market leader BAJAJ FINANCE registered strong growth both in Profit and Income (were up 36% and 32% respectively). "Bajaj Finance, Cholamandalam, Manappuram and

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