We expect TVSM to report a moderate growth in revenue, due to mere 5.2% YoY growth in volumes to 347,088 units. However , we expect strong performance at the operating level backed by decline in metal prices.
- Net sales is expected to grow by 6.3% YOY to Rs 9.8bn.
- EBITDA is expected to grow by 49.6% YoY to Rs 662mn.
- PAT is expected to grow by 244% to Rs 242 mn due to low base and expectation of strong operating performance.
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