During the March quarter earnings season, Eicher Motors is expected to see a 15% YoY rise in revenue to INR 3,687.9 crore led by an 18% volume growth, however, revenue is expected to be down 1% QoQ. Nomura predicts that EBITDA margin could come in at 23.9% due to price hikes. Asian Paints is expected to report revenue growth of 10% YoY to INR 8,679 crore in Q4FY23E due to a 13% YoY increase in volume. It is expected to have an EBITDA margin expansion of 79 bps YoY to 19.1%.
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