Bajaj Auto Q1 PAT seen up 16.1% to Rs 930.9 cr: Edelweiss

Jul 11, 2017 06:27 PM IST | Source: Moneycontrol.com

Net Sales are expected to increase by 10.5 percent Q-o-Q (down 5.8 percent Y-o-Y) to Rs 5411.9 crore, according to Edelweiss. Bajaj Auto to report net profit at 930.9 crore up 16.1% quarter-on-quarter.

Bajaj Auto Q1 PAT seen up 16.1% to Rs 930.9 cr: Edelweiss

Edelweiss has come out with its first quarter (April-June) earnings estimates for the Automobiles sector. The brokerage house expects Bajaj Auto to report net profit at 930.9 crore up 16.1% quarter-on-quarter.

Net Sales are expected to increase by 10.5 percent Q-o-Q (down 5.8 percent Y-o-Y) to Rs 5411.9 crore, according to Edelweiss.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 20.7 percent Q-o-Q (down 7.1 percent Y-o-Y) to Rs 1093.2 crore.

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