Prabhudas Lilladher has come out with its second quarter (July-September’ 22) earnings estimates for the Automobiles sector. The brokerage house expects Bajaj Auto to report net profit at Rs. 1,391.3 crore up 9.2% year-on-year (up 18.6% quarter-on-quarter).
Net Sales are expected to increase by 10.4 percent Y-o-Y (up 20.9 percent Q-o-Q) to Rs. 9,675.1 crore, according to Prabhudas Lilladher.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 13.9 percent Y-o-Y (up 23.1 percent Q-o-Q) to Rs. 1,596.4 crore.
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