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Oct 12, 2017 04:36 PM IST | Source: Moneycontrol.com

Bajaj Auto Q2 PAT seen up 3.5% YoY to Rs. 1162.5 cr: Edelweiss

Net Sales are expected to increase by 10 percent Y-o-Y (up 22.4 percent Q-o-Q) to Rs. 6661.2 crore, according to Edelweiss.

 
 
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Edelweiss has come out with its second quarter (July-September) earnings estimates for the Automobiles sector. The brokerage house expects Bajaj Auto to report net profit at Rs. 1162.5 crore up 3.5% year-on-year (up 22.8% quarter-on-quarter).


Net Sales are expected to increase by 10 percent Y-o-Y (up 22.4 percent Q-o-Q) to Rs. 6661.2 crore, according to Edelweiss.


Earnings before interest, tax, depreciation and amortization (EBITDA) are likely to rise by 0.2 percent Y-o-Y (up 38.4 percent Q-o-Q) to Rs. 1298.9 crore.


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