has come out with its third quarter (October-December) earnings estimates for the Auto & Auto Ancillary sector. The brokerage house expects Bajaj Auto
to report net profit at 760.3 crore down 36.7% quarter-on-quarter.
Net Sales are expected to decrease by 17.4 percent Q-o-Q (down 10.2 percent Y-o-Y) to Rs 4999.6 crore, according to KR Choksey.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 20.1 percent Q-o-Q (down 11.6 percent Y-o-Y) to Rs 1034.9 crore.
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