8% Q2 FY25 auto sector revenue and EBITDA growth, with 15% YoY 2W volume increase due to rural demand and financing.

A Nuvama report anticipates an 8% year-on-year growth in revenue and EBITDA for the auto sector in Q2 FY25. Significant growth is expected for two-wheelers (2Ws) and tractors, with 2W volumes projected to rise by 15% YoY due to improved rural demand and financing options. In contrast, passenger and commercial vehicles may see low single-digit growth. Key companies benefiting include Mahindra & Mahindra, Escorts, and TVS Motor Company.

October 05, 2024
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