Bajaj-Auto
Motilal Oswal has come out with its fourth quarter (January-March’ 21) earnings estimates for the Automobiles sector. The brokerage house expects Bajaj Auto to report net profit at Rs. 1298.1 crore down 0.9% year-on-year (down 16.6% quarter-on-quarter).
Net Sales are expected to increase by 19.9 percent Y-o-Y (down 8.2 percent Q-o-Q) to Rs. 8,175.6 crore, according to Motilal Oswal.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 16.3 percent Y-o-Y (down 15.7 percent Q-o-Q) to Rs. 1,457.5 crore.
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