The reason is believed to be a 19% increase in interest cost.
Experts attribute this to new launches in anticipation of a demand revival after the 2014 general elections.
Experts attribute the high valuation of Indian auto makers to the faster growth in India compared to the rest of the world.
Brokerages have cut the company's FY16 earnings estimates between 16% and 29% with target prices too coming down to the Rs 700-800 band
The analysis is based on the free-float market capitalisation.
A 150 basis points fall in realisations too weighed on the top-line.
Bloomberg estimates revenue at Rs 25,328 crore, up 4.6per cent sequentially and EBITDA margin of 27.2per cent
China now world's second largest share market, India is 7th
Nestle, for the record, does not give a break-up of its exports.
With projects worth Rs 1,28,000-cr, the group hopes to become one of the country's biggest industrial houses.
4 MNCs among top 10 companies with dividend-earning promoters in FY15.
Paid Rs 15,474 cr against CIL's Rs 13,075 cr in FY15
Row also provides an opportunity for key competitor ITC (Yippee noodles) to step up market share in the prepared dishes segment
This was even as the country's economy grew by 7.3%.
23 Nifty companies reported an annual decline in net profit.
RIL is also more profitable than Tata Motors.
FIIs are looking at the long-term story and initiatives of Indian pharma companies to transform themselves into global entities.
World trade has been growing slower than world GDP since 2012.
The company received a fresh equity infusion in 2012-13.
Many analysts find market expensive, even at current levels.
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