Auto firms to report muted Q1 earnings on high raw material prices

Auto firms to report muted Q1 earnings on high raw material prices

Analysts expect companies to fare better in the September quarter (Q2 FY23) as moderation in prices of raw materials starts having an impact

Topics

Automakers | EARNINGS | Auto firms



Automakers are expected to report muted earnings for the June quarter as against the previous one because high input costs and supply-chain constraints have dented profitability, show earnings estimates based on a Bloomberg poll of analysts.



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First Published: Thu, July 14 2022. 18:59 IST