Two-wheeler maker TVS Motor Co will release its financial results for the quarter ended March 31 on Tuesday. The analysts expect Q4 revenue will rise to about Rs 4,220 crore versus Rs 3,900 crore a year ago.

The motorcycle segment is likely to grow at 8 percent, but the fall in scooters and moped segment likely to hit the company's earnings. Scooter volume fell 3.5 percent, while moped volumes were down 5.6 percent.

On the margin front, the street is expecting 7.3 percent margins. It will still be better year-on-year (YoY) compared to 7 percent but compared to the last two quarters of 8 percent plus margins, they have definitely faced some pressure this time in terms of higher discounts, higher raw material cost etc.

Realisations will improve because the company did undertake the price hike to pass on the higher raw material cost. So the realisations are expected to go up by about 3.6 percent YoY.

Key Highlights

-Volume growth has slowed down to low single digits

-Volumes (GU)2% YoY, (RD)8.3% QoQ at 9.07 lk units

-Motorcycle volumes (GU)8.2% YoY

-Weakness in scooter and moped volumes continue

-Scooter and moped volumes (RD)3.3% and (RD)5.6% respectively

-Realisations to improve due to price hikes and improved product mix. Realisations are seen (GU)3.6% YoY at `46,526/unit

-The market will react positively if margins hold above 8% level

-Q3 saw second consecutive quarter of 8%+ margins