Auto sector gloom may continue in 3Q FY25, slowest growth of 11 quarters projected: Report
New Delhi [India], January 8 (ANI): The auto sector's earnings growth in the third quarter of FY25 is projected to rise by only 3 per cent year-on-year (YoY), marking the slowest pace in the last 11 quarters, according to a report by Motilal Oswal Financial Services.
The report noted that this modest growth comes despite the festive season, which typically drives higher sales for the automobile industry.
It said "The Auto