Total volumes may fall 4.4 percent at 1.57 lakh units from 1.64 lakh units (Y-o-Y) due to subdued demand environment in rural markets. During the period, EBITDA is seen up 7 percent at Rs 997.5 crore compared to Rs 934.7 crore while operating profit margin (OPM) may come in at 14.9 percent versus 13.5 percent (Y-o-Y).
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